Huawei Getting Into Blockchain For Smartphones

Chinese tech giant Huawei wants to build up a cell phone that will bolster decentralized applications (DApp) running on Blockchain innovation, reports Bloomberg March 21.

As indicated by an unsubstantiated source obtained by Bloomberg, Huawei is looking for the license for the open-source working framework SIRIN OS, created by Swiss Blockchain-network organization SIRIN Lab. The world’s third-biggest handset creator intends to actualize SIRIN OS together with DApps running on Android frameworks.

The official data has not yet been discharged to the general population. Huawei and SIRIN Labs affirmed that the organizations met back in February, yet declined to give additional points of interest.

“We will announce partnerships once official. You can follow our official announcement channel to get the latest news and updates – @sirinlabsann.”

SIRIN Labs, a Blockchain protection situated gadgets and OS provider built up in 2014, really builds up its own Blockchain-based telephones close by with a crypto wallet and crypto trade like platform, changing over digital tokens to fiat cash for running DApps. On Dec. 15, the organization was accounted for to bring $100 mln up in under 24 hours on its token deal for what it claims is “the primary blockchain imbued telephone.”

In the event that the meeting affirms the assertions, Huawei would be the main real cellphone producer to present a Blockchain-based cell phone and to convey the innovation to the mass market. Prior to March, Huawei recorded a patent for a Blockchain-based check framework to secure protected innovation rights for computerized content.