Huawei To Support Bitcoin Wallet In Its Store

Huawei To Support Bitcoin Wallet In Its Store

The most valuable cyber-coin in the world bitcoin is getting wider adoption as the Chinese tech giant Huawei has notified that its users will soon be able to download a bitcoin wallet in its AppGallery app store.

Moreover, the buyers of the new Huawei smartphones will experience the use of the pre-installed BTC wallets on their devices. This is allegedly the first case when Huawei’s AppGallery store offers its customers get so much close to the world of cryptos.

New Page In The History Of Huawei

According to Bloomberg’s report, dated May 10, Huawei Technologies Co. is going to permit its clients to download BTC.com’s wallet for holding the “Big Daddy.”

This multinational communications tech company is also going to arrange the pre-installment of this app on all novel Huawei smartphones. This news has been released by the vice president of business operations at BTC.com – Alejandro de la Torre.

In particular, he revealed to the media:

“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, the vice president of Huawei’s mobile services in an official release emphasized, in his turn, the following:

“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.”

It is noteworthy that the Chinese government is currently barring its citizens from the use of Google Play Store for Android as well as from App Store for Apple users. Therefore, the access to such applications as BTC.com is pretty restricted in the communist country.

It is also interesting that last year September the country’s authorities claimed the war on cryptos by banning ICOs in China as well as clamping down on cyber money trading venues. Despite anything, it is still possible in China to possess cryptos.

Nevertheless, dozens of bitcoin’s and its brethren’s miners have left China in search of better conditions for the business. The market of cryptos saw a change as Chinese major digital money exchanges had been closed down or relocated to more democratic Hong Kong.

Huawei’s deal with BTC.com is indeed historic as it is reportedly the first case when crypto-wallets are introduced in the AppGallery store.

It is worth noticing that BTC.com is owned by a mining hardware producer Bitmain Technologies and it controls the immense BTC mining pool on entire earth.

By the way, a few months ago it was reported that Huawei was thinking of creating a smartphone which is aimed at apps, based on the blockchain. Precisely, it was said that the company might start producing phones which would support DApps (decentralized applications).

In the meantime, just a month ago the Chinese tech titan announced the set off of a platform called BaaS (which stands for Blockchain-as-a-Service). This one is concentrated on the development of smart contracts.