BTC.com, based in Amsterdam and Beijing, made history by becoming the first bitcoin wallet to make its debut on the no market. The recently launched app store of smart phone manufacturer Huawei.
A joint censorship effort between the Chinese government and telecommunications companies has blocked the Google App Store for Android mobile users in the middle of what is known as the “Great Chinese Firewall”, making it difficult to access to many Chinese residents. Cryptocurrency mobile wallets.
There is also a gap between US intelligence agencies and Huawei in the midst of a lack of confidence in the transparency of the government links of smartphone manufacturers.
The launch of BTC.com, which has treated billions of dollars in BTC and BCH over the past few years, has allowed many Chinese smartphone owners to access a mobile bitcoin portfolio for the first time.
Consumers who purchase a new Huawei or Honor smartphone from the P20 will have the Huawei app store automatically installed on their device, while previous models will access it later in the current quarter. Huawei phone users will be surprised when they download the bitcoin wallet from the application gallery, because BTC.com, owned by China-based Bitmain crypto-mining maker, is doing a promotion in which it “will give an initial amount of cryptocurrency. ”
“BTC.com is democratizing Bitcoin to break down barriers to entry and ensure that new users can access Bitcoin and Bitcoin cash in a simple, safe and reliable environment,” said Alejandro de la Torre, vice president of operations BTC.com, in a press release.
Payments with mobile cryptography
BTC.com is the first bitcoin wallet accepted in Huawei’s recently launched application store.
China is a global leader in mobile payments with apps like WeChat and AliPay in the lead. But the government has taken a hard line in the cryptomedas of the industry, as evidenced by its ban on the currencies of the first public offers (ICO) and local Bitcoins operating in mainland China, not to mention its strong against exploitation Bitcoin mining, which is a feature of the BTC.com platform. However, the BTC.com Tower recognizes “the incredible opportunity to have cryptomoneda to replace fiduciary money as the currency of choice for mobile payments” in China. Huawei’s leaders have a similar ambitious vision.
Huawei and BTC.com could not wait in the margin, since more than 90% of Chinese Internet users connect via their mobile device. In fact, the use of mobile phones is about to overtake television among the Chinese population this year, according to eMarketer.
And China, like India, has almost no money. Companies want to introduce “millions of new users of cryptocurrency” and make it easier for them to send or receive BTC and BCH with friends. Consumers can also join a bitcoin mining group backed by industry leader, Bitmain.