Huawei Technologies, known for its Huawei smartphones has announced that people who use the Huawei mobile phones will be able to download Bitcoin wallets. Further to this, Bitcoin Wallets will be pre-installed on the newer versions of Huawei phones.
This announcement will further take Bitcoin down the mainstream path! -ToshiTimes
Currently, China has blocked much of the digital world, including Android’s Google Play Store and some of Apple’s App Store. However some Chinese are still holding cryptocurrencies.
Huawei has dominated the Chinese market when it comes to mobile phones, with a share of 20.4%, last year, 2017.
Hence Huawei’s vice president, Jaime Gonzalo feels that Huawei can increase more presence in the Chinese market with cryptocurrency being adopted in the mobile phones.
“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.” - Alejandro de la Torre, vice president of business operations at BTC.com,
Image Source: “Flickr”
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