HTC says the Exodus 1s comes packed with cryptocurrency-related features that will let users exchange, lend and borrow digital assets.
, which it released last year. That phone initially cost 0.15 bitcoins — over $1,189 at current prices, similar to that of a high-end iPhone or Galaxy — although the company subsequently let people buy it in dollars for $699.
"This is a completely different device," Chen, who serves as HTC's "decentralized chief officer," told CNBC. "The Exodus 1 is still available and is hitting our internal targets. We've been delighted with the response." Chen explained this would enable cryptocurrency wallets on the phone to "calculate the user's balance and ensure that future transactions are verified, further ensuring that the balance is actually owned by the spender."
It has been shifting its focus away from phones over the past few years to virtual reality, and last year said it would lay off 1,500 workers to "realign" resources. But Chen said the firm sees an opportunity to reinvigorate the smartphone market with crypto-friendly features, particularly for people with restricted access to the financial system.
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