HTC unveiled its flagship blockchain-focused smartphone on Tuesday, the Exodus 1, as the struggling manufacturer looks to shift its strategy to focus on new technology.

The Taiwanese phone maker said it developed its own cryptocurrency wallet called Zion to make its new phone function as a hardware cryptocurrency wallet.

The Exodus 1 comes with a secure enclave — a secluded area on the phone’s chip kept separate from the Android operating system (OS) it runs on — that uses technology made by SoftBank’s Arm Holdings to keep a customer’s cryptocurrency safe.

• HTC’s Exodus 1 comes with a secluded area kept separate from the Android operating system it runs on to keep a customer’s cryptocurrency safe.
• The blockchain-based phone is part of HTC’s shifting strategy regarding smartphones, which will prioritize software and intellectual property.
• It is available for pre-order at a price of 0.15 bitcoins or 4.78 ether tokens, which translates to about $960, and is expected to be shipped by December.

SRC: CNBC. HTC