Latest News

Chinese phones manufacturer, Huawei, is making a Bitcoin-based smartphone

Google+ Pinterest LinkedIn Tumblr

Huawei, the Shenzhen based technology company, has announced the launch of a smartphone that will use the famous cryptocurrency.

It will use BTC.com‘s platform as a Bitcoin wallet on its smartphones.

New devices coming out of Huawei factories will integrate Huawei AppGallery that will give access to the Bitcoin wallet.

“Cryptocurrencies have recently expanded the human understanding of digital economy at a large scale … We expect to see massive growth in global cryptocurrency adoption habits in the near future,” said the vice president of Huawei Mobile Services, Dr. Jaime Gonzalo.

Through the app, users will be able to buy products and services with Bitcoins. They will also have the possibility to follow cryptocurrency mining and get blockchain informations.

It will also be an opportunity for Chinese customers to have a taste of cryptocurrency. So far, Google Play on Android and Apple’s App Store were not allowed by Chinese authorities to offer this service through an app.

This could be a successful feature as China holds 62% of all mobile payments and transactions in the world. Alejandro de la Torre, VP of Business Operations at BTC.com calls it a “cashless economy”.

Write A Comment