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Huawei has developed a partnership with BTC.com to offer new smartphone owners access to a mobile cryptocurrency wallet, giving Huawei customers the ability to use Bitcoin for commercial transactions.
Huawei has continued to maintain its place as a leading global smartphone manufacturer with a massive stake in the Chinese market. This is a large and influential market, with mobile devices used extensively to access the internet in China, with substantial online commercial activity.
However, it is currently very problematic for many Chinese residents to access cryptocurrency wallets with no access to apps in the Google Play store. There was also a complete ban on ICOs and cryptocurrency exchanges by the Chinese authorities. The addition of a Bitcoin wallet to Huawei phones is potentially the first chance many Chinese people will have to interact with cryptocurrency.
The Huawei app store, known as AppGallery, will provide access to BTC.com’s Bitcoin wallet for new smartphone customers. This will enable them to use the wallet to send, receive, and store the cryptocurrency.
BTC.com is a leading digital wallet for cryptocurrency users. It is part of the now well-known Bitmain Group headquartered in Beijing in China. The Group offers a suite of successful crypto-technologies with extensive involvement in cryptocurrency mining.
Dr Jaime Gonzalo, vice president of Huawei Mobile Services, commented, “We expect to see massive growth in global cryptocurrency adoption habits in the near future. That is the reason why Huawei selected BTC.com as our recommended quality app to manage digital currencies.”
BTC.com is offering an additional incentive to the new owners who may feel some reticence about taking advantage. Ganzalo confirmed, “In addition to being simple and secure to use, BTC.com offers an exclusive reward to all AppGallery users by gifting a starting amount of cryptocurrency.”
The BTC.com wallet is recognized as a secure Bitcoin and Bitcoin Cash wallet. It is suitable for new and advanced users. It ensures users can securely store their private keys and provides them with complete control of their cryptocurrencies.
Alejandro de la Torre, vice president of Business Operations for BTC.com stated, “BTC.com is democratizing Bitcoin by breaking down barriers to entry and ensuring new users can access Bitcoin and Bitcoin Cash in a simple, secure and trusted environment.”
Consumers who buy a higher end model of the new Huawei or Honor smartphones will find the Huawei app store already installed on their device with access to the BTC.com wallet. Phone owners with earlier models will get access to AppGallery in the future.
China has become one of the largest users of cashless mobile transactions. As commercial and user acceptance of cryptocurrencies continues to grow across the globe, there is an opportunity for them to become the currency for many transactions. BTC.com and Huawei have provided a new opportunity to expand this activity, and it will be interesting to see the outcomes.
Image Source: Flickr – Kārlis Dambrāns
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