Samsung Galaxy S10 Features In-built Crypto Wallet
September 12, 2019
Samsung Galaxy S10 Features In-built Crypto Wallet
September 12, 2019

Samsung states that 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 announced plans to be soon supported, the use of cryptocurrencies for apps and in-app activities, Samsung, the leading South Korean Smartphone Maker, has declared that it will be making Blockchain Wallets a standard part of its S10 Smartphones.

Packaged Wallet Supporting Over 30 Tokens

Samsung described 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 that the Wallet supports up to 33 cryptocurrencies.

Samsung Galaxy S10

The Wallet also utilizes KeyStore, an open-source interface for handling cryptographic keys and certificates. Users will be able to handle a cryptocurrency account, backup their holdings, engage in payments and transactions and also 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+, respectively.

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Increased Use of Crypto

The reports of the Blockchain Wallet began in August with Samsung revealing that it had begun work with a Blockchain Software Development Kit (SDK). Recently, it was reported that Samsung had added a decentralized App to its store that allows for the trading of mobile data using PayPal or cryptocurrencies.

It has also been reported that in a statement provided to South Korean news agencies, Samsung indicated that it has plans to support the use of Bitcoin in its Apps.


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Ishita Bora

Ishita Bora is a content creator at Digital Notice Media Labs. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. She is an archetypal writer, who loves to create her own little world with words and locutions. Apart from this, her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.
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