HTC Smartphone Adds Built-in Wallet for Bitcoin Cash

In a press release on Sept. 16, Bitcoin.com announced that it and HTC would begin a long-term partnership wherein the HTC Exodus 1 will provide built-in wallet support for Bitcoin Cash.

Bitcoin.com announced a partnership with Taiwanese telecommunications manufacturer HTC to support Bitcoin Cash (BCH) on its flagship smartphones.

Bitcoin.com states that the phone supports BCH without having to download a BCH wallet from an app store. Current users will need to perform an update of their software to receive a Bitcoin.com wallet.

Are blockchain and crypto a comeback for HTC?

Earlier this year, tech-focused news daily TechCrunch reported that HTC’s share of the mobile phone market had all but evaporated. Forbes reported that the firm held a meager 1% market share in 2018.

However, in 2019 the company has become increasingly involved in the blockchain and cryptocurrency spaces. HTC has added various forms of cryptocurrency operability to its devices, having introduced in-wallet ERC-20 token swaps on the Exodus 1 phone in May. That same month, the company announced that the Exodus 1S would contain Bitcoin full node capabilities. The firm has also invested in and partnered with various blockchain-oriented companies.

Korean electronic giant develops blockchain phones

Cointelegraph recently reported that South Korean electronics giant LG is working with blockchain developers to launch a rival to Samsung’s Klaytn blockchain smartphone. An industry insider said LG had already held discussions with local decentralized application developers and had worked out a use case for its future product.

Harmony to Scale Samsung Wallet-Supported Blockchain Health Data App

Blockchain network Harmony teamed up with a Lithuanian blockchain-powered health app firm to enable fast and secure health data sharing.

According to a press release shared with Cointelegraph on Sept. 12, Harmony partnered with Lympo, a company developing an incentivizing platform for healthy lifestyle activities like walking or running, in order to boost the platform’s scalability.

LYM tokens supported by Samsung Blockchain wallet

Specifically, the Lympo app rewards users with LYM tokens for completing various daily challenges and allows spending the tokens to buy sports goods, gadgets and other products, the press release notes.

In July 2019, the company announced that LYM tokens can be withdrawn to the crypto wallet on the new blockchain-enabled phone by global tech giant Samsung, Samsung blockchain wallet.

Available in the United States and South Korea, the app has reportedly gained over 260,000 users in eight months, reaching nearly 90,000 monthly active users.

Harmony’s IEO featured on Binance Launchpad

Within the new partnership, Harmony will help Lympo to provide its incentivizing app to everyone building healthy lifestyle habits, Lympo CEO Ada Jonuse said, adding that the cooperation will enable secure and scalable health data sharing targeting millions of new users.

Harmony’s blockchain is based on a system called deep sharding – the process involving breaking up a large database into smaller, more manageable segments in order to speed up transactions on the network.

In May 2019, Harmony completed an initial exchange offering (IEO), featuring its Harmony (ONE) tokens on Binance Launchpad, an IEO platform developed by major global crypto exchange Binance.

In early August, Harmony partnered with blockchain gaming firm Animoca to jointly acquire Sequoia-funded digital collectible startup Quidd.

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