HTC, a Taiwan-based telecommunications manufacturer has joined hands with Bitcoin.com. This partnership seeks to integrate a wallet that supports bitcoin cash (BCH) into its flagship smartphones. Bitcoin.com unveiled this news through a press release on September 16, noting that this collaboration would be long-term and mutually beneficial.
Per the press release, this joint effort seeks to push for the innovation and adoption of crypto. Through this partnership, HTC’s EXODUS 1 smartphone will now come pre-installed with a wallet that supports BCH. Existing users of the EXODUS 1 smartphone will have to update their device’s software to get the built-in Bitcoin.com wallet.
Commenting on this bullish move, Phil Chen, HTC’s Decentralized Chief Officer said,
The EXODUS vision has always aligned itself towards public blockchains and its fundamental transformative nature of the future of money and the Internet. The Zion Vault is happy to support BCH natively in hardware for security to go hand in hand with the BCH blockchain as an alternative to dominant payment rails and platforms.
HTC’s Growing Interest in the Blockchain and Crypto Sectors
In the press release, Bitcoin.com unveiled that it sought to work with HTC in several other projects. An example is introducing special discounts when paying for phones in BCH. Also, Bitcoin.com revealed that it would start selling the EXODUS 1 smartphones on store.bitcoin.com.
According to Bitcoin.com’s CEO, Stefan Rust, HTC and Bitcoin.com have a lot of projects on which they can work together.
Roger Ver, Bitcoin.com executive chairman said,
Bitcoin.com’s partnership with HTC will enable Bitcoin Cash to be used as peer- to- peer electronic cash for all the EXODUS users around the world.
This news comes as HTC continues diving deeper into the blockchain and crypto sectors. The firm has incorporated different forms of crypto functionalities into its devices. Prior to this, the company launched in-wallet ERC-20 token swaps on its EXODUS 1 smartphone. Also, HTC unveiled that the EXODUS 1 would have BTC full node abilities. Furthermore, the firm has teamed up and invested in several blockchain-based firms.
According to a report, LG, a leading South Korean electronics firm unveiled that it is creating a blockchain smartphone. Per the publication, this smartphone seeks to rival Samsung’s KlaytnPhone blockchain smartphone. LG has allegedly been holding talks with local dApp developers and has already found a use case for its upcoming product.
Do you think HTC’s and Bitcoin.com’s partnership will have a positive impact on the price of BCH? Let us know in the comments below.