No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now.
Chinese telecommunications company Huawei is integrating the digital yuan central bank digital currency (CBDC) into its HarmonyOS NEXT operating system, according to the local press. The integration will make the digital currency more accessible and easier to use for up to 1 billion smartphone owners.
The HarmonyOS NEXT operating system, otherwise known as HarmonyOS 5.0 upgrade, was introduced on Oct. 22. It is the third Hauwei operating system and the first it developed itself.
It is also the third-most popular operating system in the world, after Android and iOS. Unlike previous versions, HarmonyOS NEXT will only host apps native to HarmonyOS.
