It's no secret at this point that HTC's seen better days. The company knows how to make a solid smartphone, but consecutive quarterly losses and the departure of its mobile president has resulted in some pretty rough waters. In an attempt to turn the ship around, HTC has announced that it's creating a...blockchain smartphone.

According to The Next Web, HTC's blockchain phone will be called Exodus and is scheduled for a release at some point in October. Exodus will come equipped with its own universal wallet for managing various cryptocurrencies and special technology will allow it to run all sorts of decentralized apps.

Furthermore, all Exodus phones will also act as nodes to manage cryptocurrency trading that takes place through HTC's own blockchain network.

Phil Chen, (the creator of HTC's Vive headset) who will be leading the Exodus project, says –

Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more. We would like to support the entire blockchain ecosystem, and in the next few months we'll be announcing many more exciting partnerships together.

HTC's yet to announce pricing for its Exodus phone, but when it does go on sale, customers will be able to purchase it using, you guessed it, cryptocurrency.

There's no doubt that HTC's trying something different compared to most other Android OEMs with Exodus, but I'm not sure this is the product that'll revitalize the company's mobile business. Cryptocurrency is an incredibly niche and volatile technology, and basing an entire phone around it seems like something only diehard blockchain enthusiasts will take to.

What do you think about Exodus?

Latest And Best Prime Day Deals

Amazon's Fire TV Cube is down to just $70 thanks to this Prime Day deal
Amazon Fire TV Cube
$69.99 $119.99 Save $50

Save $80 on the Neato D4 robot vacuum during this Prime Day Lightning deal
Neato Robotics D4 Alexa-enabled laser-guided robot vacuum cleaner
$319.99 $400.00 Save $80

Time is running out. And so is the supply. Grab it while you can.

Grab TCL's 32-inch 720p Roku TV for less than $100 in this Prime Day Lightning deal
TCL 32S325 32-inch 720p Roku TV
$99.99 $130.00 Save $30

Act fast while you can. These Lightning deals tend to sell out quick.

The Ring Alarm security system is reaching new low prices for Prime Day
Ring Alarm home security systems

Various configurations of the Ring Alarm are discounted to their best prices yet exclusively for Prime members at Amazon through Tuesday night to help keep your home secure.

The Sonos Beam Prime Day deal includes a $40 discount and 2 $50 Amazon gift cards
The Sonos Beam Prime Day deal includes a $40 discount and $100 in Amazon gift cards
$359.00 $499.00 Save $140

That's just so much savings in one deal. You'll have to wait for the physical gift cards, but that's basically $100 to spend however you want.

Prime Day dropped this PlayStation 4 console bundle to just $250
PlayStation 4 Slim 1TB console with Marvel's Spider-Man and Horizon Zero Dawn
$249.99 $359.98 Save $110

This deal on the PlayStation 4 Slim console saves you $50 off its regular price while also including Marvel's Spider-Man and Horizon Zero Dawn Complete Edition for free. You'll just need an Amazon Prime membership to snag it.

The newest device in the Echo family, the Show 5, is now down to just $50
Echo Show 5
$49.99 $89.99 Save $40

It's only been on the market since May, but it hasn't escaped the Prime Day price cuts.

Amp up your home security with these huge Prime Day discount on nearly all Ring products
Save on Ring products today only

Whether you need a video doorbell, whole home alarm system, or some lights to brighten a dark area, Amazon has it all marked down today!

More Prime Day Deals