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”.
Founder of Huawei: China can just issue our own version of Libra. Why should we wait for others to do it? The power of a country is always stronger than that of an Internet company.
Source (in Chinese): https://t.co/llbM6noiMI
— cnLedger (@cnLedger) July 26, 2019
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.