Enjin (ENJ)

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New Crypto Partnership Rumor with Enjin Coin (ENJ) and Samsung Galaxy S10 Blockchain Keystore Surfaces

Rumour: Is Samsung Partnering With Enjin (ENJ) to Create a Blockchain Wallet For its Upcoming Galaxy S10 Smartphone?

If latest rumours are to be believed, a number of “anonymous Korean insiders” are claiming that Samsung has paired up with Enjin Wallet so as to create a crypto-security solution for its flagship S10 mobile-phone.

In this regard, we can see that TWorld— Korea’s 2nd largest Telecom provider— recently posted the following image on their S10 Product listing:

samsung-blockchain-keystore-enjin-wallet

As per the above displayed screenshot, Samsung’s native Blockchain Keystore and the Enjin Wallet are being used to “facilitate S10-based crypto transfers”. If the image is anything to go by, it seems as though the two firms have partnered with one another and are now looking to explore the crypto-ecosystem together.

More on the Matter

The folks over at Samsung have time and again expressed their desire to become one of the world’s premier blockchain players. Thus, by incorporating such an offering into their S10 flagship device, the Korean multinational is looking make a mark for itself within this domain.

Via a recent press release, the Samsung crypto-dev team has also stated that they are now looking to implement blockchain tech within various other areas such as :

  • Data Distribution
  • Insurance and contract verification
  • Copyright management
  • Content Sharing
  • Asset Management and In-game Goods Ownership

Why Enjin Might be the Right Choice for Samsung...

Enjin is research firm that has a lot of experience and expertise in relation to the field of Blockchain technology. To be a bit more specific, we can see that a couple of years back, the Enjin team successfully created the ERC-1155 token on the Ethereum blockchain.

For those of our readers who may not be aware, the above mentioned digital tokens are designed especially for the trading of in-game goods as well as streamlining digital item ownership protocols.

If that wasn't enough, Enjin’s native crypto wallet offering is also one of the world’s most beloved crypto storage solutions. The wallet is currently available on iOS / Android and is compatible with all ERC-20 and ERC-1155 tokens. It also comes pre-built with a trading interface that helps users exchange major alt-assets with the touch of a button.

Final Take

Enjin started off as a gaming enterprise that dove head-first into the world of blockchain around 5 years ago. Over the years, the firm has morphed into one of the global leaders in crypto security and has even partnered with a number of startups so as to provide them with a plethora of privacy solutions.


New Enjin Wallet Swap Update To Support Three Exchange Platforms

Enjin Wallet Update To Support Three Exchange Platforms

The Enjin Wallet development team announced the release of the application’s latest update earlier this week.

The most outstanding feature in the new version is the access to three cryptocurrency exchange platforms. Also, the new wallet will have an EnjinX link on the main interface.

The company behind the Enjin Wallet is renowned form its novel ideas and innovations into the crypto space. So far, the company has been the industry pioneer in creating a blockchain explorer, a gaming ecosystem, and the safest crypto wallet and so on. Now, they are offering the only digital wallet that supports three different exchange platforms.

The three exchanges set to be supported by the latest Enjin Wallet are Changelly, Bancor and Kyber.

Kyber Network

The Kyber Network is based on the Ethereum blockchain protocol. The exchange platform is available on both desktop and mobile devices. It also allows partnering merchants to accept payments in crypto and later convert it into fiat. Developers can easily access the Kyber Network API if they need to integrate the platform into their solutions.

Loi Luu, the CEO of Kyber Network, noted that crypto wallets such as Enjin are promoting the mass adoption of virtual currencies. He added that the integration into Enjin is proof that their platform is compatible with most DApps and digital wallets.

The Kyber Network will enable Enjin Wallet users to seamlessly exchange Ethereum and all ERC20-based tokens.

Changelly

The Changelly exchange will allow Enjin users to convert Bitcoin, Litecoin, Ethereum, ENJ coin, and all ERC20 tokens.

Maxim Blagov, the CEO of Enjin, lauded Changelly for their emphasis on providing the best possible experience to their clients. He added that the pair of Enjin and Changelly will enable investors to trade crypto assets in a user-friendly and secure environment.

Changelly was established in 2015 and currently supports over 100 digital currencies. The platform levies a 0.5% fee on all transactions, regardless of the number of funds involved.

Konstantin Gladych, the CEO of Changelly, was happy about the partnership with Enjin and said that it would simplify the conversion of digital assets for customers.

Bancor Network

The integration of Bancor exchange will allow Enjin user to access hundreds of crypto trading pairs consisting of Ethereum and other ERC20 tokens.

Bancor is the first crypto exchange where users can convert a digital currency into another without the presence of a matching pair. Instead, the transaction is done using a smart contract.

Another exciting feature of Bancor is the unlimited availability of tokens. The tokens cannot get exhausted because the platform uses a unique pricing mechanism that increases the supply and value of various tokens every time they are bought.

Eyal Hertzog, a co-founder of Bancor, was thrilled by the collaboration with Enjin. He Saud that it will bring convenience because Enjin users can easily convert tokens without exiting their native wallet app.

EnjinX

In addition, the Enjin Wallet will also feature EnjinX, the world’s first Ethereum blockchain explorer. This service enables users to check out all information regarding their crypto trading transactions.


Enjin Smart Wallet (ENJ Coin) Introduces ERC-1155 and ERC-1721 Token Support

Enjin Smart Wallet Introduces Support for ERC-1155 and ERC-1721 Tokens

Since its emergence back in late June 2017, Enjin Smart Wallet has attracted attention to the gaming industry with their standard token operating for a variety of blockchain applications, with its core focus on the in-game economy. For those who are not aware, Enjin Smart Wallet encompasses some of the most advanced cryptocurrency wallet security majorly due to its unique features such as an intuitive UI, fingerprint login, and address management. To add to that, the wallet also relies on advanced security measures such as the RAM encryption technology, NSA-grade AES-256 encryption, and more.

Developments

With the goal to produce friction less gaming asset management, Enjin recently developed a significant update to the smart wallet to enable developers to create ERC-1155 tokens with the suite of tools. The announcement does create a sizable buzz judging the token standard offers a multitude of features such as flexibility and the minting of fungible and non-fungible tokens. Each token created would be imbued with an amount of Enjin, locked up within it. The attachment would allow the holders to melt down their tokens and get the attached ENJ token value available.

The token standard is said to be efficient than its ERC-721 and ERC-20 counterparts with the holders able to initiate bundle transactions of almost 200 tokens each time. The Enjin development further adds the notion that companies can produce unique tokens and get to buy freely, sell, trade, hold them or give them. Co-founder and CTO of Enjin Witek Radomski explains further,

"The ability to send or melt ERC-1155 tokens into ENJ is a major step into the adoption of Enjin as a first cryptocurrency wallet. The feature will not only allow the early adopters to swap tokens with one another but also help crypto developers to build unique blockchain-based assets."

Latest Plans

Already the collectable update of Enjin Wallet supports several in-game economies in CryptoKitties, Gods Unchained and War of Crypto. And hot on the heels of ERC-1155 token development is the growing adoption of Enjin in the gaming scene. Enjin's recent update showcases the rich data and imagery that comes with the ERC-721 and ERC-1155 tokens within games.

In a recent twitter post, Enjin announces additional ERC-721 support for two new games through their development team. One of the games, Blockchain Cuties, features a collectable crypto game theme consisting of mystical creatures, roll-the-dice battles among other. Axie Infinity is also set to improvise Enjin wallet to allow for the purchasing of the in-game assets. The game features players breeding creatures, earning and trading their game units (Axies) within the robust battle ecosystem. Users would be able to pit their Axies, win trophies and store their collectable/rewards in the crypto vault- the Enjin wallet.

Already Enjin Wallet is experiencing massive support, and this is evident with the adoption growing to encompass at least seven games using the ERC-1155 standard and now the ERC-721. And with these developments, the Enjin Smart Wallets seems to be cementing their position within the cryptocurrency gaming sphere.


New Enjin Crypto Wallet App Updates Feature An In-App Token Converter

Enjin Wallet Update To Feature An In-app Token Converter

The next version of the Enjin Wallet will support the in-app conversion of digital currency tokens this update is expected to roll out for both Android and iOS devices on January 29.

The Enjin Wallet is renowned for its advanced functionalities and support for hundreds of digital assets. It is secured using NSA-grade encryption mechanisms. Now, the developers of this project have announced the introduction of a feature that enables the in-wallet conversion of cryptocurrencies. The exchange rates will be sourced from the Kyber Network, Bancor Network and Changelly digital asset exchange platforms.

The new feature will enable users to choose their preferred exchange platform out of the aforementioned three. After choosing, the customers will have access to several crypto-to-crypto trading pairs. This safeguards the crypto assets from the vulnerability of conventional exchange platforms.

Maxim Blagov, the CEO of Enjin, lauded the contributions made by the three partnering exchanges in actualizing this project. He added that this is an indicator that stakeholders in the crypto markets believe in the potential of digital assets. Maxim concluded that the ultimate goal is to increase the mass adoption of blockchain technology.

Loi Luu, the CEO of Kyber Network, said that his company will continue supporting digital wallets because they promote the adoption of virtual currencies.

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