HTC has announced upgrades to its EXODUS blockchain smartphone to improve users’ experience. This includes SegWit and decentralized finance (DeFi) integration, as well as Stellar memo support to improve security and increase transaction speed.
One of the most prominent examples of blockchain applications in smartphones is the EXODUS smartphone, which was launched in 2018 by HTC, a Taiwanese phone maker. Now, on April 29, 2020, the company has announced some new upgrades to the device.
Blockchain technology has seen many applications in various sectors, from finance to aviation. However, one of the more interesting of these applications is in the mobile phone industry.
Should blockchain become widely used in mobile phone development, it could lead to wider use of the technology as a whole. In some ways, the EXODUS could be a step in this direction, especially with its recent upgrades.
Upgrades and Integrations for the HTC EXODUS
As per the official report by HTC, the EXODUS phone now offers DeFi integration and SegWit support through FOTA (Firmware Over The Air). These efforts, it says, will improve the blockchain experience for consumers.
Preventing Loss of Transactions and Added Security
In order to prevent the loss of funds, the EXODUS now supports the Stellar memo. This works by including messages in blockchain transactions carried out through the network. The EXODUS also now comes with increased IBD speed and will not accept incoming transactions during the process. URL searches are now allowed on the dApp Hub and a Google security page has been added. These changes, according to HTC, are to make the EXODUS better for its users.Major Players Are Now Embracing Blockchain
HTC is hardly the only mobile phone developer that has taken a chance on blockchain. Samsung, for example, has integrated a number of blockchain features to its new Samsung Galaxy s10 phone. These features include dApp access and a built-in cold wallet.
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Rahul Nambiampurath
Rahul Nambiampurath's cryptocurrency journey first began in 2014 when he stumbled upon Satoshi's Bitcoin whitepaper. With a bachelor's degree in Commerce and an MBA in Finance...
Rahul Nambiampurath's cryptocurrency journey first began in 2014 when he stumbled upon Satoshi's Bitcoin whitepaper. With a bachelor's degree in Commerce and an MBA in Finance...
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