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Huawei’s New Smartphone Comes With a Built-in Hardware Wallet for China

Huawei, one of the top technology company in China has launched a new smartphone that comes with a built hardware wallet for China’s Central Bank Digital currency (CBDC)

https://twitter.com/HuaweiMobile/status/1319267274306433024?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1319267274306433024%7Ctwgr%5Eshare_3&ref_url=https%3A%2F%2Fdecrypt.co%2F46706%2Fnew-huawei-smartphone-includes-a-hardware-wallet-for-the-digital-yuan

The newly rolled out Huawei mate 40 is the first smartphone known as DECP. The mate 40 will deliver hardware-level security and controllable anonymity for the digital currency. The device will allow for transactions to be conducted too even in an offline environment. Information as to whether users will be able to directly convert any funds in their bank accounts into the physical yuan is not made known but Yu Chengdong, Huawei’s CEO for the consumer business stated that this feature is a step to expand it’s usage of digital yuan on the mobile front. A post on Weibo also stated.

Huawei Wallet, let your wallet upgrade again.  #HuaweiMate40# series is the first smartphone to support digital renminbi hardware wallets, hardware-level security, controllable anonymous protection, dual offline transactions, and bring a new safe and convenient payment experience.  With the topic #HuaweiMate40# forwarding series of live Weibo, one person will be randomly selected from the Weibo with the highest number of forwarding to give one Huawei Mate40 Pro (8GB+256GB, random colors), until 22:00 on November 6, 2020.

Huawei Mate 40 specs 

The device comes with 128GB of storage, 8GB of RAM. It weighs 188g, about 6.5 inches with a 1080 X 2376 OLED Screen display. It has a 5nm Kirin 9000 5G chipset with 3 rear Cameras, one with 50 megapixel H19, a 16 megapixel H2.2 ultra wide-lens and an 8 megapixel H2.4 telephone lens in an eye-catching circular design. It has a 13 megapixel front camera Battery is 4,400 mAh and a fingerprint radar under the display.

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