Huawei Releases Bitcoin Wallet In App Store, Pre-Installed On All New Smartphones
BTC

Huawei Technologies Co., a Chinese multinational communications technology company, has announced that mobile phone users will be able to download Bitcoin (BTC) wallets on new Huawei devices starting Friday, Bloomberg reported May 10.

Huawei is releasing BTC.com’s Bitcoin wallet in its AppGallery app store, which will be pre-installed on all new Huawei smartphones, according to Alejandro de la Torre, vice president of business operations at BTC.com. It will reportedly be the first digital currency app offered on Huawei devices.

Access to apps like BTC.com’s is limited in China as the government blocks Android’s Google Play Store and some parts of Apple’s App Store. While Chinese authorities shut down cryptocurrency exchanges and banned initial coin offerings, people can still own cryptocurrencies. De la Torre told Bloomberg:

“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.”

In March, it was reported that Huawei is planning to develop a smartphone that will support decentralized applications (DApp) running on blockchain technology. Last year, Huawei shipped 90.9 mln units in the Chinese market, where it enjoys a dominant market share of 20.4 percent. Huawei’s global market share was 11.8 percent in the first quarter of 2018. 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 announced the launch of a Blockchain-as-a-Service (BaaS) platform focused on smart contract development, “a high-performance, high-availability, and high-security blockchain technology platform service for enterprises and developers.”

Meanwhile, China is planning to release nationwide blockchain standards by the end of 2019. A dedicated working group has reportedly already begun work on the project.

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Cryptocurrency Price Change 24h Market Cap Volume Circulating Supply Price Chart
1. Bitcoin BTC
$6,386.15
1.58%
$109.53B $3.27B 17.15M BTC
2. Ethereum ETH
$451.79
3.45%
$45.5B $1.35B 100.71M ETH
3. XRP XRP
$0.447471
1.67%
$17.57B $151.96M 39.26B XRP
4. Bitcoin Cash BCH
$726.40
3.12%
$12.52B $319.03M 17.24M BCH
5. EOS EOS
$7.44
6.10%
$6.67B $494.93M 896.15M EOS
6. Litecoin LTC
$79.15
2.85%
$4.54B $228.62M 57.42M LTC
7. Stellar XLM
$0.219698
4.94%
$4.12B $51.42M 18.77B XLM
8. Cardano ADA
$0.143188
3.51%
$3.71B $49.36M 25.93B ADA
9. IOTA MIOTA
$1.01
3.24%
$2.8B $28.06M 2.78B MIOTA
10. Tether USDT
$1.00
-0.07%
$2.71B $1.9B 2.71B USDT
11. TRON TRX
$0.034613
3.34%
$2.28B $183.23M 65.75B TRX
12. NEO NEO
$33.77
3.26%
$2.2B $83.98M 65M NEO
13. Monero XMR
$124.16
0.67%
$2.01B $21.62M 16.23M XMR
14. Dash DASH
$232.15
3.17%
$1.9B $143.71M 8.2M DASH
15. Ethereum Classic ETC
$16.78
1.70%
$1.73B $163.89M 103.05M ETC
16. NEM XEM
$0.163411
2.74%
$1.47B $6.74M 9B XEM
17. Binance Coin BNB
$12.37
2.06%
$1.41B $25.8M 114.04M BNB
18. Tezos XTZ
$2.19
11.23%
$1.33B $4.01M 607.49M XTZ
19. VeChain VEN
$1.94
1.28%
$1.08B $23.64M 554.55M VEN
20. OmiseGO OMG
$6.91
2.47%
$969.39M $23.42M 140.25M OMG
21. Zcash ZEC
$175.90
1.01%
$767.14M $53.03M 4.36M ZEC
22. Qtum QTUM
$7.89
2.55%
$699.27M $109.44M 88.66M QTUM
23. 0x ZRX
$1.12
11.47%
$597.75M $43.19M 534.9M ZRX
24. Lisk LSK
$5.04
2.56%
$544.59M $5.73M 108.02M LSK
25. Bytecoin BCN
$0.002953
1.21%
$542.95M $3.89M 183.89B BCN
26. Ontology ONT
$3.54
2.95%
$535.91M $40.59M 151.29M ONT
27. ICON ICX
$1.38
4.12%
$535.26M $25.24M 387.43M ICX
28. Zilliqa ZIL
$0.070380
4.71%
$533.21M $13.55M 7.58B ZIL
29. Decred DCR
$63.31
10.23%
$512.86M $3.18M 8.1M DCR
30. Bitcoin Gold BTG
$28.37
1.50%
$485.83M $11.47M 17.12M BTG
31. BitShares BTS
$0.178531
8.95%
$471.62M $15.37M 2.64B BTS
32. Aeternity AE
$1.77
3.72%
$411.77M $5.49M 233.02M AE
33. DigiByte DGB
$0.038623
12.37%
$406.65M $7.09M 10.53B DGB
34. Maker MKR
$564.53
1.09%
$377.23M $386,867 668,228 MKR
35. Siacoin SC
$0.010384
2.09%
$370.53M $5.96M 35.68B SC
36. Steem STEEM
$1.33
2.18%
$354.38M $1.2M 266.48M STEEM
37. Verge XVG
$0.022840
3.69%
$343.83M $3.64M 15.05B XVG
38. Basic Attention Token BAT
$0.325118
1.22%
$325.12M $7.49M 1000M BAT
39. Bitcoin Diamond BCD
$2.11
3.63%
$324.48M $2.87M 153.76M BCD
40. Nano NANO
$2.41
4.35%
$321.31M $3.66M 133.25M NANO
41. Augur REP
$28.86
1.37%
$317.51M $3.52M 11M REP
42. Bytom BTM
$0.306655
4.02%
$307.42M $55.69M 1B BTM
43. Pundi X NPXS
$0.003382
0.20%
$294.39M $3.81M 87.05B NPXS
44. Waves WAVES
$2.78
1.40%
$277.9M $10.21M 100M WAVES
45. Dogecoin DOGE
$0.002400
1.84%
$276.66M $3.71M 115.3B DOGE
46. KuCoin Shares KCS
$3.03
-5.21%
$275.12M $976,488 90.73M KCS
47. Waltonchain WTC
$6.50
1.51%
$261.05M $5.9M 40.14M WTC
48. Golem GNT
$0.298047
3.81%
$250.13M $3.16M 839.24M GNT
49. Populous PPT
$6.66
5.27%
$246.51M $3.87M 37M PPT
50. Stratis STRAT
$2.46
4.37%
$242.95M $1.99M 98.94M STRAT
51. RChain RHOC
$0.672300
6.45%
$242.6M $352,808 360.85M RHOC
52. Status SNT
$0.067823
3.26%
$235.38M $7.14M 3.47B SNT
53. Mixin XIN
$530.10
-0.90%
$232.74M $49,262 439,047 XIN
54. Wanchain WAN
$2.11
4.37%
$224.14M $1.59M 106.15M WAN
55. Hshare HSR
$4.99
5.17%
$215.53M $20.08M 43.24M HSR
56. Mithril MITH
$0.546535
-2.28%
$192.41M $38.38M 352.05M MITH
57. DigixDAO DGD
$93.22
2.32%
$186.45M $374,304 2M DGD
58. IOST IOST
$0.021520
6.96%
$180.76M $11.25M 8.4B IOST
59. Huobi Token HT
$3.58
12.13%
$178.97M $40.79M 50M HT
60. MaidSafeCoin MAID
$0.376587
3.37%
$170.43M $2.11M 452.55M MAID
61. Aion AION
$0.942029
-0.59%
$167.03M $1.62M 177.31M AION
62. Bitcoin Private BTCP
$7.89
2.87%
$161.74M $168,771 20.49M BTCP
63. Komodo KMD
$1.52
0.49%
$158.72M $280,422 104.25M KMD
64. GXChain GXS
$2.60
2.05%
$156.11M $10.64M 60M GXS
65. Loopring LRC
$0.269233
4.84%
$154.02M $3.56M 572.07M LRC
66. Nebulas NAS
$3.37
8.86%
$153.22M $23.37M 45.5M NAS
67. aelf ELF
$0.610579
5.02%
$152.64M $11.08M 250M ELF
68. Ardor ARDR
$0.151145
3.00%
$150.99M $679,609 999M ARDR
69. MOAC MOAC
$3.88
29.89%
$139.35M $305,119 35.9M MOAC
70. Ark ARK
$1.28
4.33%
$133.38M $913,771 103.86M ARK
71. MonaCoin MONA
$2.17
2.53%
$131.88M $593,560 60.88M MONA
72. FunFair FUN
$0.025658
8.69%
$128.57M $1.86M 5.01B FUN
73. Kyber Network KNC
$0.903888
3.31%
$121.24M $3.97M 134.13M KNC
74. ReddCoin RDD
$0.004149
-0.73%
$119.53M $834,520 28.81B RDD
75. Loom Network LOOM
$0.197671
1.84%
$119.45M $2.36M 604.3M LOOM
76. Kin KIN
$0.000155
22.85%
$117.03M $676,262 756.1B KIN
77. WAX WAX
$0.121859
4.23%
$113.43M $1.29M 930.85M WAX
78. Emercoin EMC
$2.69
1.84%
$112.99M $1.1M 42M EMC
79. Gas GAS
$11.08
3.82%
$112.25M $2.55M 10.13M GAS
80. Dentacoin DCN
$0.000343
0.56%
$111.46M $38,014 325.23B DCN
81. Bancor BNT
$2.12
3.26%
$108.58M $3.62M 51.12M BNT
82. Power Ledger POWR
$0.284810
1.49%
$106.44M $5.59M 373.73M POWR
83. MCO MCO
$6.72
5.11%
$106.21M $7.6M 15.79M MCO
84. Cryptonex CNX
$2.32
1.94%
$105.29M $1.42M 45.37M CNX
85. Ethos ETHOS
$1.36
0.93%
$105.11M $1.52M 77.3M ETHOS
86. Dropil DROP
$0.005204
1.06%
$104.46M $126,248 20.07B DROP
87. CyberMiles CMT
$0.147332
5.42%
$102.02M $7.29M 692.46M CMT
88. Decentraland MANA
$0.096176
2.57%
$101M $5.2M 1.05B MANA
89. Nuls NULS
$2.52
0.79%
$100.82M $1.73M 40M NULS
90. PIVX PIVX
$1.77
0.34%
$100.38M $395,919 56.77M PIVX
91. Veritaseum VERI
$48.12
0.27%
$97.99M $930,848 2.04M VERI
92. Paypex PAYX
$1.40
2.57%
$95.95M $44,925 68.43M PAYX
93. Polymath POLY
$0.339186
4.73%
$93.76M $1.25M 276.42M POLY
94. Factom FCT
$10.59
-0.50%
$92.64M $58,340 8.75M FCT
95. QASH QASH
$0.260926
2.64%
$91.32M $1.09M 350M QASH
96. Elastos ELA
$17.25
3.28%
$90.85M $4.73M 5.27M ELA
97. Enigma ENG
$1.20
1.38%
$90.17M $2.84M 74.84M ENG
98. ZenCash ZEN
$21.03
7.35%
$90.06M $791,607 4.28M ZEN
99. Gifto GTO
$0.163937
5.83%
$87.51M $55.4M 533.79M GTO
100. Theta Token THETA
$0.130706
2.41%
$86.79M $2.68M 664M THETA