HTC just launched its early access period for the HTC Exodus 1, the company's first blockchain phone.

What does a "blockchain phone" even mean? Well, according to HTC, it's called that because it's blockchain-encrypted, and dedicated to security and decentralized applications. The phone also acts as its own blockchain node (you can read more about how blockchain works in this CNET explainer).

The HTC Exodus 1 provides a safe place to store the keys to your cryptocurrency. The "secure enclave" -- as HTC calls it -- is protected from the rest of the phone and its Android OS. There's also a Social Key Recovery mechanism, which lets you pick a few trustworthy contacts to hold a portion of your crypto keys, so you can get access to your cryptocurrency if your phone is lost or stolen or if you forget your info.