Please note, this is a STATIC archive of website www.coindesk.com from 28 Feb 2023, cach3.com does not collect or store any user information, there is no "phishing" involved.

Huawei to Offer First Crypto Wallet App on Latest Smartphones

Huawei's newly launched mobile app store will feature the tech giant's first cryptocurrency wallet offering, thanks to a partnership with BTC.com.

AccessTimeIconMay 11, 2018 at 7:20 a.m. UTC
Updated Sep 13, 2021 at 7:56 a.m. UTC

Chinese telecommunications firm and smartphone maker Huawei is partnering with BTC.com to roll out a mobile cryptocurrency app for the tech giant's newly launched app store.

BTC.com, which is owned by mining giant Bitmain, tracks cryptocurrency mining and block information, while also providing a digital wallet service. The site's vice president for business operations, Alejandro de la Torre, said its new wallet application will appear in Huawei's proprietary app store, AppGallery, which was launched in March.

Currently, AppGallery is only available for customers via a pre-install on the latest Huawei devices, but will be rolled out for older versions in the second quarter of this year. That said, the effort to boost cryptocurrency wallet support is still a notable move by Huawei, and is likely to open up cryptocurrency services to a potentially huge user base.

“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 Dr. Jaime Gonzalo, vice president of Huawei Mobile Services.

Huawei's move also comes at a time when the tech giant is moving to beef up its wider effort for blockchain development.

As previously reported by CoinDesk, Huawei launched its blockchain-as-a-service platform just last month – one built on Hyperledger Fabric 1.0 technology developed by the Linux Foundation's Hyperledger blockchain consortium, of which Huawei has been a member since 2016.

Huawei image via Shutterstock

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.