Huawei Unveils Hyperledger-Powered Blockchain Service Platform
Huawei has become the latest Chinese tech giant to launch its own blockchain-as-a-service platform, following on the heels of Tencent and Baidu.
Huawei’s cloud services arm is helping the Beijing government set up a blockchain platform that would better track and manage people’s data.
The new national blockchain committee was formed to discuss and set industry standards for distributed ledger technology.
The upcoming Mate 40 line of devices will feature a built-in hardware wallet for China's central bank digital currency.
Huawei's CEO said: "Even China is able to issue such currencies, why wait for Libra?"
Huawei's newly launched mobile app store will feature the tech giant's first cryptocurrency wallet offering, thanks to a partnership with BTC.com.