OnePlus, the very famous brand in the Android market, and also one of the top most phone manufacturers in China has announced the launch of its own cryptocurrency, the Peicoin cryptocurrency that will supposedly allow the company to generate a decentralized community in the blockchain, to make transfers without fees, and for a deeper integration between OnePlus products.
PeiCoin will be based on open source software, which will allow exclusive peer-to-peer exchanges between OnePlus users. This all be executed in order to establish a platform that allows its customers to securely access the world of cryptocurrencies.
Because of the sheer coincidence of this announcement coinciding with the April Fool’s day, i.e. April 1st, various users of social networks believe that this news is a joke that will soon be denied.
Some people take this a joke while others take this seriously, but this OnePlus initiative nonetheless shows how popular the cryptocurrencies have become in popular culture as well as in the commercial sector. This gives us a fair idea that the PeiCoin by the OnePlus brand may have huge chances of being a success as readers already seem enthusiastic with the announcement.
Now, more and more commercial industries as well as world economies are taking the step to adopt blockchain technologies and crypto coins to their internal systems.
Also Read: China’s Huawei May Collaborate With Cold Storage Smartphone Maker
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