Categories: Technology

Xiaomi’s Bold Step Perplexes: Preloading Cryptocurrency Apps in a New Global Strategy

Xiaomi, currently the world’s third-largest smartphone brand, quietly inked a deal to preload new apps, including potentially redundant software, on its phones. Starting in 2026, the company will roll out new smartphones pre-installed with a cryptocurrency wallet and a crypto-seeking app, developed by Sei Labs. This move is part of a global partnership aimed at popularizing blockchain technology among a broader audience.

The app is tied to Sei, a first-layer blockchain designed specifically for trading digital assets. It will be pre-installed on all new Xiaomi phones sold outside mainland China and the United States.

Image of Grok

Currently, Xiaomi holds more than 13% of the global market, translating to approximately 160 million devices. This positions them right behind Apple and Samsung. The Sei app functions as a cryptocurrency wallet and a gateway to Web3 services. According to Sei representatives, users will be able to send payments between individuals, interact with decentralized applications, and explore other blockchain-based products without downloading additional files. This seamless integration is a significant technological advancement aiming to capture tech-savvy users, particularly in regions with burgeoning digital asset interests.

Beyond smartphones, Sei plans to extend this partnership. As Sei heads state, the company’s vision includes implementing stablecoin payments across over 20,000 Xiaomi retail stores, starting with Hong Kong and several European Union countries. Eventually, customers will be able to purchase Xiaomi products using stablecoins like USDC, with transactions settled on the Sei blockchain. This initiative reflects a broader trend in the smartphone industry towards incorporating blockchain services, addressing the shifting landscape in digital finance and the consumer-tech interface.

Ethan Cole

Ethan Cole focuses on hardware and products, providing reviews and insights on the latest tech gear and devices.

Share
Published by
Ethan Cole

Recent Posts

Musk’s xAI Faces Backlash: Tightening the Reins on Grok’s Image Generation Raises Ethical Concerns

Elon Musk's startup xAI has introduced restrictions on the image generation feature of its chatbot…

30 minutes ago

Xiaomi’s New Mijia Refrigerator: A Silver Ion Revolution with Smart Connectivity

In a surprising move aimed at redefining household appliances, Xiaomi has unveiled its latest masterpiece:…

48 minutes ago

NASA Eagerly Awaits SLS Rollout Amidst Final Preparations

NASA is gearing up for a pivotal phase in the Artemis II mission: the agency…

1 hour ago

Elon Musk’s xAI Aims for the Stars with a Supercomputer Powerhouse

xAI Constructs a Computing ColossusInvestor Tesla and SpaceX Sawyer Merritt has released a satellite image…

2 hours ago

Starbase Gears Up for Growth Amid Security Enhancements

The Starbase spaceport and city plan to establish a police department, as recommended by city…

2 hours ago

FCC Approves Expansion: SpaceX’s Starlink Leaps Toward Global Internet Dominion

The Federal Communications Commission (FCC) of the United States has approved SpaceX's application to deploy…

3 hours ago