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Galaxy S10 will come with a built-in cryptocurrency wallet

Last updated: February 26th, 2019 at 20:47 UTC+01:00

Every bit rumored and reported previously, Samsung's Galaxy S10 lineup will come with a built-in cryptocurrency wallet called Samsung Blockchain KeyStore. It's a cold storage wallet that tin can be used to store Bitcoin, Ethereum, and Cosmo Money. The Korean company confirmed and elaborated about the wallet during the Samsung Mobile Business concern Summit at the ongoing MWC in Barcelona.

Along with the wallet, the company's latest flagship also supports select Decentralized Apps (DApps). Cosmochain, a South Korean blockchain startup, will exist Samsung's initial DApp partner with its COSMEE DApp. COSMEE is a blockchain-powered beauty review app that rewards users with Cosmo coins for leaving beauty reviews in the app.  These coins tin can exist transferred from COSMEE to Samsung's crypto wallet direct.

DApps coming to the Galaxy Store?

While details are scarce, it appears partner DApps will be available for download from the Galaxy DApps folio (tentative name) in the Galaxy Store. We currently don't know if it is possible or Samsung intends to bring the wallet and DApps back up to other Milky way devices in the market. In the past, the company has ported new features from the latest Milky way smartphones to older models if the hardware permitted. The aforementioned may exist the case this time likewise.

This is not the first time Samsung is dabbling in the crypto space. The company announced last year that its foundry business was making ASIC (application-specific integrated excursion) chips for mining hardware companies. The Samsung Blockchain Keystore and DApps support, nonetheless, point to a more direct and consumer-facing play in the nascent industry.

Source: https://www.sammobile.com/2019/02/26/galaxy-s10-cryptocurrency-wallet/

Posted by: allenmilise.blogspot.com

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