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China: Huawei considering a cryptocurrency as well

Yesterday, the founder of Huawei, Ren Zhengfei, declared his intention to support the development of a national version in China of what is proposed by the Libra “cryptocurrency”.

As the press release states, the founder of Huawei has voiced his opinion on the creation of a cryptocurrency system in China.

“China can also issue such a currency by itself. Why wait for others to issue it? The power of a country is always stronger than an Internet company”, said the founder of Huawei in an interview that appeared on Ansa.

Huawei has already in the past dedicated itself to the crypto sector with both a wallet and a cloud service based on blockchain technology, so it would be the ideal partner and candidate to support a project of national scope in China, having both the competence and experience and the ability to handle such an important system.

Alfredo de Candia
Alfredo de Candia
Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.