Litecoin creator Charlie Lee is advising HTC on their "blockchain powered phone" project...

We covered the first announcement of HTC's plan in an article titled "HTC's new phone will be powered by blockchain" back in May of this year.

Now, Litecoin founder Charlie Lee confirmed his role as an adviser to HTC and their new blockchain enabled phone, tweeting:

"Met the HTC Exodus team last week and was really excited to hear the phone will support LTC and Lightning Network on Litecoin natively! I will be an advisor as I see having a secure crypto phone that makes LN simple is needed for mass adoption.

P.S. No, they will not remove BTC. "

HTC describes the new phone and project as:

"Our vision is to expand the blockchain ecosystem by creating the world’s first phone dedicated to decentralized applications and security. With the release of the HTC Exodus we can now make this a reality.

With over two decades of experience manufacturing the world’s leading smartphones, and shipping over 100 million phones, we believe we can help reshape the internet with the HTC Exodus. Join us and together we will make decentralization a reality."

The phone is set to release in the 3rd quarter of this year.  Updates will be posted on their website at https://www.htcexodus.com

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Author: Adam Lee 
Asia News Desk