HTC is no longer among the top players in global smartphone shipments, but that doesn't mean the company has halted innovation. HTC recently a large chunk of employees, which also explains about the current situation of the company.
HTC is one of the only phone companies out there that's embracing blockchain technology, which has experienced a lot of ups and downs in the previous year with the rising popularity of cryptocurrencies, like Bitcoin.
HTC, the self-proclaimed "leading innovator in smart phone devices", will release its "blockchain phone" later this year.
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When Chen announced the device back in March, he said: "We envision a phone where you own your own key, your own identity, and data, and your phone is the hub".
He's been an Android fan ever since owning an HTC Hero, with the Dell Streak being his first phablet. So we should expect this Phone to be surely expensive than the iPhone X. A launch date for the end of 2018 has been confirmed by the company, which might be a technique to steer the conversation away from the phone while the company works on perfecting the phone.
In short, HTC is in a precarious financial situation and has troubled to stay afloat in the unforgiving smartphone market.
According to HTC, CryptoKitties, which lets users collect and even "sire" unique virtual cats, would be the first of a broader app store based on games developed through blockchain technology.
The smartphone, which was announced in May without a timeline for release, now has more details published on its dedicated website, including a confirmation of its arrival in the third quarter of this year. He later added that there is already "famous" experts looking into a variety of different consensus protocols that might make Exodus mobile mining a reality.