{"id":30987,"date":"2020-10-30T13:04:34","date_gmt":"2020-10-30T11:04:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=30987"},"modified":"2025-08-28T00:57:21","modified_gmt":"2025-08-27T21:57:21","slug":"huawei-adds-digital-yuan-support-to-its-mate-40-smartphone","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/huawei-adds-digital-yuan-support-to-its-mate-40-smartphone\/","title":{"rendered":"Huawei adds digital yuan support to its Mate 40 smartphone"},"content":{"rendered":"<p>The tech giant Huawei unveiled the Mate 40 smartphone with a built-in hardware wallet for China&#8217;s central bank digital currency, according to <a href=\\\"https:\/\/www.theblockcrypto.com\/linked\/82985\/huawei-hardware-wallet-china-digital-yuan\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\">The Block<\/a>.<\/p>\n<p>\\n<\/p>\n<p><!--more--><\/p>\n<p>\\n<\/p>\n<p>The company claims that the Huawei Mate 40 model will ensure security when working with DCEP. Users will be able to conduct offline transactions.<\/p>\n<p>\\n<\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"dD6ENH8sDa\\\">\n<p><a href=\"https:\/\/forklog.com\/en\/news\/how-chinas-digital-yuan-dcep-put-it-at-the-forefront-of-monetary-innovation\">How China managed to become a leader in monetary innovation thanks to the digital yuan (DCEP)<\/a><\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u201c\u041a\u0430\u043a \u041a\u0438\u0442\u0430\u044e \u0443\u0434\u0430\u043b\u043e\u0441\u044c \u0432\u044b\u0439\u0442\u0438 \u0432 \u043b\u0438\u0434\u0435\u0440\u044b \u043c\u043e\u043d\u0435\u0442\u0430\u0440\u043d\u044b\u0445 \u0438\u043d\u043d\u043e\u0432\u0430\u0446\u0438\u0439 \u0431\u043b\u0430\u0433\u043e\u0434\u0430\u0440\u044f \u0446\u0438\u0444\u0440\u043e\u0432\u043e\u043c\u0443 \u044e\u0430\u043d\u044e (DCEP)\u201d \u2014 ForkLog\\\" src=\\\"https:\/\/forklog.com\/exclusive\/kak-kitayu-udalos-vyjti-v-lidery-monetarnyh-innovatsij-blagodarya-tsifrovomu-yuanyu-dcep\/embed#?secret=F8RpPqzBg7#?secret=dD6ENH8sDa\\\" data-secret=\\\"dD6ENH8sDa\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>\\n<\/p>\n<p>At this stage, it is not stated whether Mate 40 owners will be able to directly convert fiat currency into the digital yuan. However, a Huawei spokesperson noted that the wallet&#8217;s development marked the next step in using the central bank&#8217;s currency on mobile devices.<\/p>\n<p>\\n<\/p>\n<p>Earlier, the Chinese regulator <a href=\"https:\/\/forklog.com\/en\/news\/china-says-it-is-ready-for-an-offline-wallet-for-the-digital-yuan-to-undergo-testing\">stated<\/a> its readiness to test an offline wallet for the digital yuan.<\/p>\n<p>\\n<\/p>\n<p>Ventures&#8217; managing partner Dovi Wan <a href=\"https:\/\/forklog.com\/en\/news\/opinion-dcep-built-on-the-digital-yuan-is-just-another-payments-app\">believes<\/a> that, thanks to the new payment instrument, the People\\&#8217;s Bank of China will tighten control over monetary policy.<\/p>\n<p>\\n<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\\\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tech giant Huawei unveiled the Mate 40 smartphone with a built-in hardware wallet for China&#8217;s central bank digital currency, according to The Block.<\/p>\n","protected":false},"author":1,"featured_media":30988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1095,133,1657,1369],"class_list":["post-30987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cbdc","tag-china","tag-huawei","tag-yuan"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/30987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=30987"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/30987\/revisions"}],"predecessor-version":[{"id":30989,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/30987\/revisions\/30989"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/30988"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=30987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=30987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=30987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}