- Brave is an open-source internet browser created by Brendan Eich and Brian Bondy
- The Basic Attention Token (BAT) is the native cryptocurrency of Brave and users are rewarded with BAT for viewing content from publishers.
- Brave raised $35 million in May 2017 from the sale of BAT via an initial coin offering (ICO)
HTC, a leading, Taiwan-based smartphone manufacturer that developed one of the first distributed ledger technology (DLT) powered smartphones called Exodus, has announced that Brave (BAT), a fast and private open-source browser with adblocking functionality will be the default browser for the innovative mobile phone, according to a Twitter post on December 9, 2018.
HTC Integrates Brave into the Exodus Blockchain Phone
Brave, a blockchain project that is focused on rewarding users of its web browser with its native Basic Attention Token (BAT) when they view ads and other content from advertisers, has been made the official web browser for HTC’s Exodus 1 blockchain smartphone.
“We are very happy to have @Brave as default browser and to be working with HTC on their Exodus phone, tweeted the co-founder of Brave, Brendan Eich, adding “Was great to find the @brave browser, @AttentionToken as the default one on the @htcexodus @htc #livestream tomorrow going through the phone for those interested.”
Released earlier in October 2018, HTC’s Exodus 1 is a blockchain-powered smartphone that functions as a secure hardware wallet for digital assets.
Per sources close to the innovation, each Exodus 1 smartphone serves as a node in the HTC blockchain network, processing transactions via decentralized applications (dApps).
Users of the phone can trade cryptoassets with each other and the entire process is secured by the HTC TrustZone “Secure Enclave,” a feature that encrypts all vital information on the phone making it inaccessible by all other parts of the phone including the Android operating system (OS).
The Brave Advantage
The Brave Browser team claims to be using its native Basic Attention Token (BAT), which is an ERC-20 token built upon the Ethereum smart contracts blockchain to revolutionize the world of internet browsing.
“In the ecosystem, advertisers will give publishers BATs based on the measured attention of users. Users will also receive some BATs for participating. They can donate them back to publishers or use them on the platform,” said Brave on its website.
At press time, the price of BAT sits at $0.14, with a market cap of $168 million and a 24-hour trading volume of $4.45 million, as seen on CoinMarketCap.