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Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
China's Huawei recently unveiled its new operating system called HarmonyOS Next to power its hardware devices. Among other upgrades, HarmonyOS Next reportedly comes with support for China's central bank digital currency (CBDC). Huawei aims to drive widespread adoption of the digital currency. The brand is among the top smartphone brands in China and is said to cater to around a billion users – potentially enabling broad access to the e-CNY and accelerating its reach to the masses. The e-CNY is also known as the digital renminbi (RMB). China has been accelerating its efforts to develop and test its CBDC. By ... (full story)
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- Posted: Nov 4, 2024 11:20am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 107
