Popular Taiwanese electronics manufacturer HTC, the manufacturer of the Exodus 1 and 1s blockchain smartphones has partnered with Bitcoin.com, the company behind the fourth largest cryptocurrency network by market capitalization Bitcoin Cash.
The reportedly long term relationship will allow HTC to enable support for the BCH altcoin on its flagship phones and Bitcoin.com featuring the HTC phones on its online store. Announcing the partnership through a press release, Bitcoin.com stated that the two companies have begun a “long-term, mutually beneficial partnership to drive innovation and adoption of crypto technologies.”
One notable feature with this partnership is that Bitcoin Cash will be natively supported on the two blockchain phones meaning that the BCH wallet will be preloaded once the users purchase the phones. It will not be necessary to download the software. Of course, for those users who already have the Exodus devices, they will need to download an upgrade to their current device software to receive the BCH wallet.
Exodus initially only supported Bitcoin and Ethereum, the leading and runners up networks in terms of network value respectively. The Exodus 1s is supposed to be an improvement on the already launched Exodus 1 adding functionalities such as a full bitcoin node capability touted to bring absolute sovereignty to its users who wish to be untethered from third party services.
“There are so many synergies between Bitcoin.com and HTC,” said Stefan Rust, Bitcoin.com’s recently appointed CEO. “We are very excited to be on this incredible journey together.”
Rust replaced Roger Ver, who in turn shifted to the position of Executive Chairman. Speaking on the partnership with HTC, Ver said,
“Bitcoin.com’s partnership with HTC will enable Bitcoin Cash to be used as peer to peer electronic cash for the millions of HTC smartphone users around the world.”
Over the past few years, the smartphone market has become more competitive and HTC has been falling by the wayside. The company’s Decentralized Chief Officer Phil Chen explained in a statement why it is important for HTC to command the blockchain smartphone market.
“Smartphones are everywhere and have proliferated across the planet. It’s very important for the adoption of crypto that it is easy to store and use, no matter which cryptocurrency is preferred by people. So the fact that BCH, one of the biggest cryptocurrencies, is now easy to use on our smartphone is very important for us. Together, HTC and Bitcoin.com are helping to bring crypto to the masses.”