HTC, a publicly-listed consumer electronics company with more than 20 years of innovation, has integrated Kyber Network’s liquidity protocol into Zion Vault on EXODUS 1, the first native web 3.0 blockchain phone, allowing users to easily swap between cryptocurrencies without leaving the wallet.
EXODUS 1 is a smartphone solution that aims to power the decentralized web through the implementation of blockchain technology for securing users keys and transactions in the Trusted Execution Environment on mobile devices. Fast and secure crypto-crypto trading within mobile applications is required to streamline the user experience.
With Kyber’s integration, EXODUS 1 users around the world can now swap major ERC20 tokens such as BAT, KNC, DAI and many more directly from Zion Vault. This removes the need for users to first move tokens to 3rd party exchanges. Token swaps are performed entirely on-chain and can be easily tracked and verified.
Kyber’s protocol allows decentralized token swaps to be integrated into any application, including wallets, vendors, websites, and DApps. To date, Kyber has been integrated by over 57 projects for its liquidity needs.
The latest integration with HTC EXODUS is another example of how projects can utilize Kyber’s technology to provide a seamless experience for their users and help bring about the mass adoption of blockchain and cryptocurrencies.
About Kyber Network
Kyber’s on-chain liquidity protocol allows decentralized token swaps to be integrated into any application, enabling value exchange to be performed seamlessly between all parties in the ecosystem. Using this protocol, developers can build innovative payment flows and applications, including instant token swap services, ERC20 payments, and financial DApps — helping to build a world where any token is usable anywhere.
About HTC EXODUS & Zion Vault
HTC’s Project EXODUS is a smartphone solution that will power the decentralized web. For more than 20 years, HTC has created foundational technology for worldwide mobile and virtual reality technology. Through EXODUS, HTC is investing in the development and implementation of blockchain technology that will usher in a new area of secure data storage and transactions and take blockchain technology mobile for the first time.
Zion, your private vault on the blockchain, allows you to conduct crypto transactions, view and manage your crypto collectibles, and manage your crypto life while maintaining ownership of your keys. With your Zion Vault, store, send, and request bitcoin, ether, litecoin, selected ERC-20 tokens, and ERC-721 collectibles.