HTC, the Taiwanese phone giant has a new blockchain phone called Exodus 1 which can only be bought with cryptocurrencies, hoping to entice crypto users.
HTC's new phone will run decentralized applications, digital programs that operate on the blockchain.
The Exodus will come with wallets configured to store currencies like Bitcoin, Litecoin, and Ethereum meant to be much more secure than storing a wallet on your regular phone using an app.
The blockchain phone is now available for pre-orders and will cost you 0.15 Bitcoins or 4.78 Ethereum which is around $950 at current exchange rates.
Coinbase Partners With Circle
Two of the largest cryptocurrency companies, Coinbase and Circle announced a joint-venture known as the "CENTRE Consortium" on Tuesday, which they say claim will speed up the adoption of cryptocurrencies backed by actual government currencies like the U.S. dollar.
"Coinbase and Circle share a common vision of an open global financial system built on crypto rails and blockchain infrastructure, and realizing this vision requires industry leaders to collaborate to build interoperable protocols and standards,"
Circle CEO recently told CNBC that investors will still rely on the government-backed money — it just needs to be able to operate on the same blockchain technology.
"We see USDC as a major step towards a more open financial system. The advantage of a blockchain-based digital dollar – like USDC – is that it is easier to program, send, use in apps, and store locally than traditional US dollars,"
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