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Huawei Introduced New SmartPhone With Built-in Digital Yuan-supported Hardware Wallet

By | November 2, 2020

Huawei reportedly revealed that its next project – Mate40 smartphone series – will reportedly come with a built-in hardware wallet supporting China’s central bank digital currency, the digital yuan.

Specifically, this development will reportedly mean the Mate40 would be the first to be rolled out with that type of wallet, enabling inter-device, simplified fund transferring for its users. via touching the phones together, online or offline. 

“#HuaweiMate40# series is the first smartphone that supports digital RMB hardware wallet, hardware-level security, controllable anonymity protection, dual offline transactions, bringing a new safe and convenient payment experience.”

Huawei is additionally giving away Mate40 as a free gift to which Weibo user forwarded the post to the highest number of individuals. 

The Mate40 is the first Huawei smartphone to employ 5nm chip tech, as lately rolled out with the release of Apple’s iPhone 12. The tech will reportedly allow for an additionally large number of transistors to be able to be packed onto the chip, which can climb up to billions, greatly contributing to the maximum potential power can be achieved. 

As for China’s digital yuan, the coin is reportedly undergoing its testing period at the moment, as numerous nations are poised to roll out their self-developed CBDC

Because of the trade war between the US and China happening right now, Huawei will reportedly not be able to replenish the stock for, or make more, of its Kirin 9000 processors when they run out. 

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