With the rise in the popularity of cryptocurrencies since the last few years; many major smartphone OEMs have also tried to take advantage of the trend. Taiwanese electronics giant HTC launched its Exodus handset which is based on the blockchain technology for trading and buying cryptocurrencies. Samsung also launched a wallet supporting the currencies with its Galaxy S10 lineup of devices. Now, reports of another major smartphone manufacturer getting into the cryptocurrency market have surfaced online. Latest patent filings by LG reveals it is working on a cryptocurrency wallet for use in its devices. It will be called the ThinQ Wallet and may be introduced soon.

American social media giant Facebook has announced a digital currency called Libra on the 18th of June. It is a cryptocurrency that aims at allowing billions of Facebook users to make transactions globally. Libra is expected to debut in the year 2020 alongside a blockchain network supporting it. The company also introduced its newest subsidiary called Calibra, which is a payments interface that will leverage the various assets of Facebook like Messenger and WhatsApp. 

As mentioned above, Libra is the latest cryptocurrency backed by Facebook. The company believes it will be used for money transfer between people in developing countries; who do not have [...]

As reported previously, Social Media giant Facebook is planning to unveil its own cryptocurrency. The company is proposing to set up a digital payment system in up to twelve countries by the beginning of the year 2020. The currency is currently referred to as Globalcoin, but the name may change when Facebook outlines its plans in more details. Facebook also claimed that it has already completed talks with the Bank of England regarding the risks and opportunities of a new currency format. However, the latest reports state that the new currency may be unveiled in this month (June 2019) itself.

Apparently, the company is planning a huge push that will include bonuses for [...]

HTC has teased its very own blockchain smartphone in an Instagram post. The device, named Exodus, will launch on October 22. This is the world’s first major blockchain phone. The announcement about this was made earlier this year, in May. Blockchain refers to the decentralised ledger technology which underlies cryptocurrencies such as Bitcoin. The HTC Exodus is a crypto phone that supports cryptocurrencies. Rumours also say that you will be able to purchase the phone using cryptocurrency.

Also Read: Samsung To Launch Foldable Smartphone Soon

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Smartphones, over the years, have become quite stagnant. We see a similar design, specifications and features in the majority of phones. That doesn’t mean there is no innovation, Huawei launched the P20 Pro with a triple-camera setup while Vivo launched the first-ever smartphone with an in-display fingerprint sensor. However, in October, we won’t see a launch of an engineering marvel but, a rather quirky smartphone to say the least. Sirin Labs, the Switzerland-based firm will launch the first-ever blockchain smartphone.

In September 2017, the company unveiled a blockchain-powered smartphone and PC for cryptocurrency nerds. These devices would act as secure wallets [...]