Samsung’s official store for decentralized applications (DApps), Blockchain Keystore, has launched an additional 13 DApps, bringing the total number of offerings on the platform to 17. According to a report by CoinDesk Korea, Blockchain Keystore was launched in March 2019 as Samsung’s DApp marketplace.
Samsung has shown enthusiasm toward the cryptocurrency and blockchain industry as one of the first major corporations to devote efforts to crypto development, including with its latest flagship handset the Galaxy S10. Its original offerings on the Blockchain Keystore included a game, a password wallet, a billings app, and a social media platform.
Samsung reportedly anticipates market competition and has been adding features to its digital wallet accordingly. Its wallet can currently store only Ethereum based ERC-20 tokens and protocols.
The Korean tech giant’s efforts may be warranted after all, as smartphone competitor Apple released a ‘CryptoKit’ for iOS 13 in June, indicating that the Cupertino, California-based company may be on the path to blockchain adoption.
Back home, LG trademarked “ThinQ Wallet” last month. Analysts believe the wallet could be the start of a crypto wallet and ecosystem. According to the trademark, ThinQ Wallet will offer e-money, settlement, and transaction services.
Huawei, apparently hamstrung by China’s crypto hostility, stated in May that it has “no plans to put a cryptocurrency wallet on its smartphone because the Chinese government has not authorized it.”
Regardless, Samsung’s ecosystem is still in its infancy. As of this writing, there are only 30 reviews on the Samsung blockchain wallet on the Galaxy Store, compared to the thousands of reviews of crypto wallets available on Google Play.
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:
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