Opinions

From Smartphones to Blockchain Phones: HTC’s Crypto Phone Gets a Decentralized Browser

It’s time to move over Google as your phone’s default browser because here to disrupt your, all time solution to everything, that is ‘Just Google it’, is the decentralized browser Brave. Fitting name, once you consider the fact that this infant technology is ready to give competition to the giant of search engines.

One might think that its rather over ambitious, but Brave is now officially the default browser on a phone. And it isn’t just some phone, contrary to what one might assume it is actually one of the major smartphone manufacturers in the market, HTC.

The Taiwanese consumer electronics manufacturer was once on top of the smartphone world. According to TechCrunch, HTC, in its heydays, was actually the leading smartphone vendor in the U.S. till the end of 2010.

However, after its more famous competitors, Apple and Samsung, took the spotlight, the company’s market shares began to decrease at a drastic rate, with only being left with a 6 per cent market share in the U.S. in 2014. And apparently that was only the beginning of the downfall, in 2017; HTC stooped further holding only 2.3 per cent of the smartphones market share.

Now it is highly likely that the company’s welcoming approach towards the blockchain technology could be its last attempt at recovering its lost glory. And Brave just might help HTC achieve that.

Brave is basically an open-source browser, powered by blockchain. The team behind brave has actually gone a step further than Google and other search engines, and has done away with the one thing we all passionately dislike, and that is ads. This browser has blocked ads as well as website trackers.

According to reports, it will be pre-installed on the HTC Exodus 1, which is the first native blockchain phone of its kind, and is specifically designed to work with an array of cryptocurrencies and their related blockchain underpinnings including, the popular Bitcoin (BTC) and Ethereum (ETH) networks.  The forthcoming project of HTC Exodus 1 was initially announced in May 2018.

Brendan Eich, previsouly the co-founder of Mozilla and now of Brave, expressed his joy while he announced this partnership with HTC on the 8th of December.

Brave leverages the cryptocurrency foundation itself in order to handle payment accounting for an online advertising system that it is building. The trails are scheduled to commence this year only, in which its basic attention token (BAT) will be used to send the payments of advertisers to Brave and to its users as well.

In June 2017, Eich raised $35 million in 30 seconds during the BAT Initial Coin Offering (ICO). The BAT payment system, which is called Brave Rewards, already enables Brave users to fund the websites that they visit. Brave supplies BAT to browser users to fund those donations.

Other Blockchain Phones

It was only last month that the blockchain-focused electronics supplier SIRIN Labs, launched its own blockchain-powered smartphone called Finney.

Also this summer, the Opera browser for Android announced the launch of a private beta version that will include a built-in crypto wallet.

Are we officially entering the era of blockchain phones? Stay tuned to find out.

Abeer Anwaar

Abeer holds a Bachelors degree in Media studies and covers blockchain startups for BlockPublisher. An optimist, excels in the art of the written word and swears by the joy of all things sweet. Contact the editor at editor.startups@blockpublisher.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.