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Huawei Releases Bitcoin Wallet App-Pre-installed on All New Smartphones

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Huawei Releases Bitcoin Wallet App

Huawei Technologies Co., a Chinese multinational communications technology company, has announced a new app to download bitcoins. Huawei Releases Bitcoin Wallet App that will let users to download Bitcoin (BTC) wallets on new Huawei devices starting Friday.

Huawei Releases Bitcoin Wallet App-Pre-installed on All New Smartphones

The company is releasing BTC.com’s Bitcoin wallet in its AppGallery app store. Moreover, the app will be already available in all new Huawei smartphones. It will reportedly be the first digital currency app offered on Huawei devices.

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Alejandro de la Torre, vice president of business operations at BTC.com, said.

“It’s a good opportunity to tap into the Chinese market. The use of cashless payments with apps is very big and the traditional banking system is lacking. so there’s a good use case for crypto payments to grow there.”

Jaime Gonzalo, vice president of Huawei’s mobile services said in a statement:

“From our leadership position in China, the tip of the spear of mobile payments. We expect to see massive growth in global cryptocurrency adoption habits in the near future.”

Last month, Huawei has announced that it will launch Blockchain-as-a-Service (BaaS) platform. The service will focus on smart contract development, “a high-performance, high-availability, and high-security blockchain technology platform service for enterprises and developers.”

Furthermore, China will soon release nationwide blockchain standards by the end of 2019.

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