"The upcoming phone will come with a "universal wallet" and a built-in secure hardware system to support cryptocurrencies and decentralised applications," TheNextWeb reported late on Tuesday.
Blockchain smartphones are claimed to offer better security and user experience by integrating "cold wallet" storage right into the device and enabling direct trading of the native cryptocurrency with peers on the phone's network, without mining fees.
"The company plans to create a blockchain network using 'Exodus' phones to facilitate cryptocurrency trading among the phone users," the report added.
"Through 'Exodus' we are excited to be supporting underlying protocols such as Bitcoin, 'Lightning Networks', 'Ethereum', 'Dfinity' and more," Phil Chen was quoted as saying by TheNextWeb.
Before HTC, Sirin Labs' blockchain smartphone which was announced in September 2017, is slated to launch in October 2018.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)