Singapore Crypto Exchange Huobi Releases Blockchain Phone

Asia Blockchain Review
September 14, 2019
Singapore Crypto Exchange Huobi Releases Blockchain Phone

Huobi, a crypto exchange based in Singapore, has announced it will be introducing a blockchain phone to allow consumers to trade cryptocurrencies more conveniently.

In an article by Technode, it was revealed the phone was developed by Huobi’s venture capital division, Huobi Capital.

Adding to a Growing List of Crypto Trading Devices

Designed by Whole Network with funding from Huobi Capital, the exchange’s Android-based smartphone has been dubbed “Acute Angle”.  Currently only available in China, the device has been priced at US$515 and can be bought using Huobi’s own token. It comes packaged with features specific to cryptocurrency trading, including notifications on market movements and a crypto wallet app alongside its own cold wallet.

An official launch outside of China has been scheduled for September 11, when the phone will become available throughout Southeast Asia.  Plans to sell the phone in the United States and Europe have been disclosed but a definite date has yet to be set.

Blockchain Phones Becoming More Commonplace 

Acute Angle, said to be the first among more to come from Whole Network, adds Huobi to the growing list of tech companies offering a blockchain phone, which now includes Samsung, HTC, China Telecom and Sirin Labs.    

Huobi Global CEO Livio Weng provided a statement to Coindesk explaining the company’s decision to release a blockchain phone and how it will empower consumer cryptocurrency trading, stating, “As the industry develops and as innovations like 5G become increasingly integrated into our telecommunications systems, we believe more and more crypto communities will want to trade and transact from mobile devices.”

Source: technode.com


About Asia Blockchain Review

Asia Blockchain Review is the largest initiative for media and community building in Asia for blockchain technology. It aims to connect all blockchain enthusiasts on a regional scale and facilitate the technological foundation of blockchain through a range of group discussions, technical workshops, conferences, and consulting programs.

Our goal is to cultivate and encourage a collaborative community for our members to gather, share their experiences and endeavors in the blockchain space, and brainstorm the potential uses of blockchain technology.

Follow Asia Blockchain Review on:

Related Article
Indian Gov’t Working on National Blockchain Strategy
The Indian government is formulating a national blockchain strategy in a bid to encourage the techno...

December 6, 2019

Central Bank of France: Blockchain Can Answer Market Demands
The first deputy governor of the Central Bank of France says that blockchain can be implemented to c...

December 5, 2019

Luno Officially Relaunches Crypto Wallet in Malaysia
Luno, a blockchain and crypto wallet services provider, revealed that the Securities Commission of M...

December 5, 2019

Australia’s Monash University Launches Blockchain Research Center
Australia’s Monash University has unveiled a research center that will focus on blockchain innovatio...

December 4, 2019

We provide information about Asia Blockchain Review latest activities as well as global blockchain news and research. Subscribe to our Newsletter now or Contact us