OnePlus could be the next big name in the growing cryptocurrency market that Bitcoin is leading when a Chinese company is found to be conducting a survey on blockchain research. The purpose of the study is to get user feedback on cryptocurrencies. The company asks users if they have used trading platforms such as Coinbase, Gemini, Robinhood and Binance. It seems to be a hint that OnePlus is accessing the cryptocurrency platform / wallet mode. Bitcoin and other digital currencies like Ethereum and Dogecoin have become quite popular among young smartphone users, especially as cryptocurrency trading applications are readily available. This may have made OnePlus think of a native solution for its users to at least store the encryption – if not to invest and trade.
Like was originally announced by MySmartPrice, inquiry called OnePlus Blockchain Research refers to a company’s interest in building a product around it cryptocurrency. Although the focus of the study in its title seems to be only an understanding of blockchain technology, some of the questions available to its respondents suggest the development of a new cryptocurrency platform that could be a wallet for digital resources such as Bitcoin.
The study asks users if they invest in cryptocurrencies and what platforms they use for the investment. It also includes the question of understanding the problems and disadvantages that investors have encountered in investing in or holding cryptocurrency. In addition, the company is looking for information on whether respondents have used software-powered wallets such as Coinbase Wallet or MetaMask.
Gadgets 360 has been contacted OnePlus comment on the matter and update this status when the company responds.
The cryptocurrency is still a very volatile investment. You knew if you had read or followed Bitcoin price in India. But technology companies still seem to have plans to enter the cryptocurrency market.
OnePlus competitor and one of the leading smartphone vendors Samsung has supported Bitcoin and other popular cryptocurrencies on Galaxy smartphones Galaxy S10 in February 2019. The South Korean company is offering its Blockchain wallet to support popular coins. It also Recently updated a wallet that supports third-party hardware wallets.
A few days ago, Apple was also is interested in critical currency to the world. The Cupertino-based company opened the opening for a business development manager with experience in the cryptocurrency industry. It may be to start supporting Bitcoin through Apple devices.
It said traditional investors still don’t want to invest much in cryptocurrencies because of their volatility and problems such as undulating effect, which means that a fall in one price also affects other cryptocurrencies.