Chinese tech giant Huawei plans to develop a smartphone that will support decentralized applications (DApp) running on Blockchain technology, reports Bloomberg March 21.
According to an unconfirmed source acquired by Bloomberg, Huawei is seeking the license for the open-source operating system SIRIN OS, developed by Swiss Blockchain-oriented company SIRIN Lab. The world’s third largest handset maker plans to implement SIRIN OS together with DApps running on Android systems.
The official information has not yet been released to the public. Huawei and SIRIN Labs confirmed that the companies met back in February, but declined to provide further details.
The admin of SIRIN LAB’s Chat Group on Telegram commented:
“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 privacy-oriented electronics and OS supplier established in 2014, actually develops its own Blockchain-based phones alongside with a crypto wallet and crypto exchange-like platform, converting digital tokens to fiat money for running DApps. On Dec. 15, the company was reported to raise $100 mln in less than 24 hours on its token sale for what it claims is “the first blockchain infused phone.”
If the parties confirm the agreement, Huawei would be the first major cellphone manufacturer to introduce a Blockchain-based smartphone and to bring the technology to the mass market. Earlier in March, Huawei filed a patent for a Blockchain-based verification system to protect intellectual property rights for digital content.