Huawei Technologies Ltd. wants to develop a smartphone capable of running blockchain-based applications directly on its operating system, according to Bloomberg.
Huawei, the third-largest mobile phone manufacturer in the world, is allegedly in talks with Sirin Labs to integrate their blockchain-enabled operating system called Sirin OS alongside the android operating system.
Bloomberg’s sources, who asked to remain anonymous, added that talks were preliminary and no contracts has been signed yet.
Representatives of both Sirin Labs and Huawei have confirmed that the companies were in talks, but refused to give further details about their discussions.
If the deal goes through, the China-based smartphone manufacturer would be the first of the industry to venture into a blockchain-enabled device.
On Sirin Labs’ Telegram group chatroom, a message from February 28th reads: “Amazing meeting just concluded between Sirin Labs and Huawei. Among other things discussed was the possibility of cooperating together to bring blockchain technology to the masses in a secure way.”
Sirin is also planning on launching their own smartphones. According to Nimrod May, Sirin Labs spokesman, the Finley, which will sell for $1,000 per unit has already been pre-ordered 25,000 times.
According to Bloomberg, “Sirin Labs plans for its phone to have an embedded cold storage crypto wallet and a system to automatically convert fiat money to the digital tokens needed to run different blockchain-based applications.”