Buying bitcoin is about get a whole lot easier for a whole lot of people – particularly in China.
Did Somebody Say ‘Mass Adoption?’
Bitcoin is set to continue down the path towards mainstream adoption thanks, in no small part, to mobile phone giant Huawei Technologies Co. On Friday, the third largest mobile handset maker in the world will begin affording their users the ability to download Bitcoin wallets on their devices.
The announcement comes from BTC.com’s vice president of business operations, Alejandro de la Torre, as the BTC.com wallet is slated to become the first cryptocurrency app offered by Huawei’s AppGallery. Explained de la Torre in a phone interview with 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.
According to Bloomberg, the wallet will not only come pre-installed on all new Huawei and Honor phones but will also be rolled out on older devices in the months ahead – meaning virtually all users of …
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