Samsung Galaxy S10 to Come with Built-In Cryptocurrency Wallet

Asia Blockchain Review
September 12, 2019

Samsung says its Galaxy S10 device will automatically generate a blockchain wallet for users, allowing them storage and usage of up to 33 cryptocurrencies including Bitcoin and Ethereum.

With reported plans to soon support the use of cryptocurrencies for app and in-app activities,  leading South Korean smartphone maker Samsung has announced it will be making blockchain wallets a standard part of its S10 smartphones.

According to Name Coin News, Samsung will be packaging a blockchain wallet as standard in its latest S10 device, allowing users to store and utilize cryptocurrencies such as Bitcoin and Ethereum

Packaged Wallet Supporting Over 30 Tokens

Samsung explained that the blockchain wallet will be automatically generated on its S10 smartphones and also support popular names like Pundi’s NPXS, Basic Attention Token, Binance Coin, TrueUSD and Klaytn, a coin from South Korea’s own internet provider kakao.  Press materials said the wallet supports up to 33 cryptocurrencies.

The wallet utilizes KeyStore, an open source interface for handling cryptographic keys and certificates.  Users will be able to manage a cryptocurrency account, backup their holdings, engage in payments and transactions and perform digital signatures.  It was reported that the KeyStore will be available for Samsung’s Galaxy S10e, S10, S10+, S10 5G, Note 10 and Note 10+.   

Paving the Way for Increased Use of Crypto

Reports of the blockchain wallet began in August with Samsung revealing it had begun work with a Blockchain Software Development Kit (SDK).  It was more recently reported that Samsung had added a decentralized app to its store that allows for the trading of mobile data using PayPal or cryptocurrencies.

In a statement provided to South Korean news agencies, Samsung indicated it has plans to support the use of Bitcoin in its apps.

Source: www.namecoinnews.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
Half of Public Services in Dubai to be Run on Blockchain Platform by 2021
The United Arab Emirates has reaffirmed its goal to digitize 50% of government transactions with blo...

November 21, 2019

Ant Financial Introduces Blockchain Open Alliance
Ant Financial, owner of Alipay, has introduced the Ant Blockchain Open Alliance aimed at lowering th...

November 20, 2019

Vietnam Plans to Build Smart City with Blockchain
Vietnam has announced a plan to build a smart city and tackle pressing problems in Ho Chi Minh City ...

November 20, 2019

Tencent Granted Blockchain Bank License in Hong Kong
Major Chinese tech company Tencent has recently been granted a blockchain bank license from the Hong...

November 19, 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