HTC Exodus Will Support Litecoin | HTC Litecoin Partnership

HTC are currently developing what they describe as the world’s first native blockchain phone which will be known as the HTC Exodus. The HTC Exodus will utilise blockchain technology, which will enable a number of never before seen feature in a mobile phone. There is a lot of hype for the HTC Exodus and there may well be more now after HTC announced that Litecoin founder, Charlie Lee will be joining their advisory board. Both parties have also announced that the HTC Exodus will support Litecoin and the Lightning network.

Official announcement by HTC and Charlie Lee on Twitter:

Every HTC Exodus device will serve as a node on the Litecoin network

The HTC Exodus, which the Asian tech giant has described as the world’s first native blockchain phone, is slated for release in this year’s third quarter. HTC has indicated that every Exodus device will be a node and this will allow users to own their identity and their data by having both on their devices as opposed to being on a centralized cloud. Additionally, every device will come with a cold storage wallet for cryptocurrencies.

HTC Litecoin partnership

It was originally revealed that the HTC Exodus would support Bitcoin and Ethereum, by Chief Crypto Officer of HTC, Phil Chen, however, he did also state that they would be announcing a number of “exciting partnerships” in the coming months and the HTC Litecoin partnership is a prime example of this.

“Through the Exodus, we are also excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more,” Chen was quoted as saying. “We would like to support the entire blockchain ecosystem, and in the next few months we’ll be announcing many more exciting partnerships together. Together, we want to craft the best blockchain & decentralized application experiences to end consumers.”

Charlie Lee, co-founder of Litecoin has since confirmed the HTC Litecoin partnership on Twitter, whilst also confirming that the HTC Exodus will support Litecoin and the Lightning Network.

 

HTC Exodus will support Litecoin

Right now the only confirmed piece of information is that the HTX Exodus will support Litecoin and the Lightning network. There are currently no specifications of the highly anticipated device. Although it is in development the Asian tech giants are keeping quiet on their project.

The HTC team will be bringing decentralised applications (dApps) to mobile devices and have also recently partnered with CryptoKitties, a blockchain based game on the Ethereum network and one of the most popular dApps in the world currently.

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By | 2018-07-30T21:44:34+00:00 July 30th, 2018|Litecoin News|0 Comments

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