Samsung’s Blockchain Store Launches 13 More DApps

Asia Blockchain Review
August 15, 2019
Samsung’s Blockchain Store Launches 13 More DApps

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. 

 Blockchain Keystore Continues to Expand

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.

DApps Become the New Battleground for Tech Supremacy

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.

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