Not all success stories within the industry are from companies that offer Blockchain services, but also from those that use them, such as HTC. In this article we will tell you how the phone manufacturer became one of the leading blockchain application companies.
HTC Corporation is a Taiwanese smartphone manufacturer that has worked to stay ahead of the industry. In fact, it was one of the first companies to introduce touch phones to the market.
It is important to remember that the smartphone market is extremely competitive. It is necessary to constantly innovate if the company wants to stay in time. Otherwise, it is most likely that the rest of the companies will end up leaving it behind, which would lead to commercial failure.
That is why companies such as HTC, Samsung, Apple or Huawei remain in constant innovation. This includes incorporating new advances in the technology industry into their devices.
This is reflected with the implementation of Artificial Intelligence and IoT (Internet of Things). However, HTC wanted to go one step further and add another type of technology: Blockchain.
HTC Blockchain bet
Blockchain technology, although proven to have great potential that can be exploited in various industries, is not yet a safe alternative for everyone. In fact, there are still many people and industries that continue to relate technology to Bitcoin.
However, it is thanks to the work of companies such as IBM or Microsoft, that Blockchain solutions have become widespread. In addition to the various cases in which the blockchain has been beneficial for some company, startup or government.
That is why HTC risked joining the “Blockchain Revolution”, launching the first smartphone entirely based on this technology.
In fact, the decentralized CEO of HTC, Phil Chen, explained that the importance of integrating Blockchain into the phone is that it reinforces security. In addition, it better maintains user privacy. In addition, work is being done to ensure that each generation of these devices better protect customer data and identity.
This series of HTC Blockchain phones are called the “Exodus” series. This series seeks not only to integrate the blockchain, but to facilitate the use of cryptocurrencies.
HTC’s bet was big and not only wanted to integrate an innovative technology, such as blockchain, but also decided to bet on cryptocurrencies. Exodus was one of the first smartphones that contained an integrated cryptographic wallet.
Therefore, using Blockchain was also a way to ensure that the assets stored in the device were kept safe.
Currently, the Exodus series has a few versions, each better than the previous one in terms of the use of Blockchain and cryptocurrencies. And several industry members have praised HTC’s efforts to cover this smartphone sector with digital currencies and blockchain.
One of them was Vitalik Buterin, creator of Ethereum, who said he was excited to see initiatives like Exodus. Since they helped concepts like Blockchain and cryptocurrencies reach the masses.
The latest version of HTC phones is integrated with Binance, the world’s largest crypto exchange, and an application of the Swiss Bank.
I am a student of International Studies, interested in new technologies and their impact on the world. Faithful believer that tenacity is the basis of success.