HTC, a publicly-listed consumer electronics company with more than 20 years of innovation, has integrated Kyber Network’s liquidity protocol into its Zion Vault on EXODUS 1, the first native web 3.0 blockchain phone, allowing users to easily swap between cryptocurrencies in a decentralized manner without leaving the wallet.
This Zion Vault integration once again demonstrates how Kyber enables token swapping functionality to be embedded into any application to provide a seamless user experience.
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.
The EXODUS 1 smartphone comes in-built with the Zion Vault, which is a private wallet on the blockchain that allows you to perform crypto transactions, view and manage your cryptocurrencies and collectibles, while maintaining ownership of your keys. On EXODUS 1, users can store, send, and request Bitcoin, Ether, Litecoin, selected ERC20 tokens, and ERC-721 collectibles. You can also access DApps on the smartphone via the Opera crypto browser.
With Kyber’s integration, EXODUS 1 users around the world can now swap between 60+ major ERC20 tokens including KNC, BAT, and DAI, directly from the 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.