HTC talks about security for its upcoming phone "Exodus" Blockchain

This site can earn affiliate commissions from links on this page. Terms of use.

HTC was at one time the best Android device maker: in fact it was the only Android device manufacturer for a while. With the increase of Android, HTC could not keep up. It has not been very successful in launching new Android phones  SEEAMAZON_ET_135 See Amazon ET commerce lately, but the company hopes the blockchain can solve its problems. Pre-announced the HTC Exodus blockchain-powered several months ago, and now HTC's Phil Chen is talking more about how the phone will work.

The new details do not cover the phone parts of this incoming phone. We still do not know what kind of screen will have, how much storage space you will have, or even if there will be a headphone jack (but I assume no). Chen is talking more about the aspects of the phone's cryptocurrency and how HTC is working to keep the phone's hardware portfolio secure.

One of the main strengths of the Expo is that you'll be able to keep your cryptocurrency and other digital assets (criptokitties, anyone?) On your phone for easy access. For some blockchain fans, the idea of ​​keeping all their data on a device connected to the Internet is simply insane. The safest way to store cryptocurrency is the so-called "cold storage" that is not connected to any network. HTC used the ARM-on-a-chip system to create a "trusted zone" in the secure chip enclave. This encrypted location of the hardware is separate from the Android operating system, making access by third parties more difficult.

Ideally, a hardware portfolio should not be something that you carry around every day – something like a phone that is prone to loss, theft and damage. HTC has no revolutionary blockchain solution to lose your phone, but plans to make sure your encrypted wallet is not lost together.

HTC Phil Chen is in charge of developing Exodus. [19659009] With many portfolios, you can recover your encryption keys with a security phrase. If you lose the keys and the recovery phrase, your wallet is really lost. HTC has developed a concept called Social Key Recovery. During installation, you can ask several trusted contacts to store a portion of your key via an & # 39; HTC app on their phones. It would be better if they were trustworthy, anyway. If you lose your phone, you need to reassemble all the parts of the key.

HTC seems excited about the Exodus, but it is not clear whether consumers are still interested in a blockchain phone. The wave of interest in the cryptocurrency from the beginning of this year has decreased, but what other game does HTC have at this point? His regular Android phones are not for sale, so maybe the blockchain can save the company.

Now read: HTC's sales drop by 68% after the latest launch of the flagship phone, IBM creates the world's smallest blockchain technology computer and Coinbase launches the cryptocurrency payment platform for businesses

[ad_2]Source link