The new HTC smartphone will only be sold in cryptocurrencies, since the idea is that it reaches mainly the target audience, that is, the electronic money enthusiasts.
The phone will run decentralized applications (dapps). It also includes a Recover Keys feature that helps users “recover access to their funds if they lose their private key through a select number of trusted contacts.”
“Selling [the phone] only for cryptocurrencies and being the first to do so, means that we are taking this directly to the main audience and to those who will really want this device – the crypto community,” Chen told the South China Morning Post.
However, HTC is not the only company that seeks to enter this business. Sirin Labs, based in Switzerland, is receiving orders for its new smartphone which will be on sale for $ 999.
Chinese companies such as Lenovo Group and Sichuan Changhong Electric had previously announced their plans for a blockchain technology phone, but unfortunately they have not talked more about that.
Post translated by Bitnovo.com