Elrond (ERD) Token Added to Samsung Blockchain Wallet

The Samsung blockchain has opened the door for their users to have access to cryptocurrency in a new and innovative way, allowing consumers to use one new digital asset at a time. With Bitcoin and Ethereum already added (among others), the platform is now welcoming the Elrond token

  • Samsung recently added TRON to the other tokens offered in their wallet.
  • The partnership between these companies is “mutually beneficial.”

Samsung launched their blockchain wallet earlier this year, and there are already new tokens being added. In an exclusive reveal to TheBlock yesterday, Elrond (ERD) token announced that they have been integrated into the Samsung wallet, stating that the collaboration between the two entities is “mutually beneficial.”

Samsung users will now have access to the Elrond network’s token and dApps. Furthermore, Elrond has the benefit of being exposed to the Samsung audience, which covers millions of users that may not have been introduced to the token already. Presently, a single ERD token is worth less than a penny.

Right now, the first dApp to be released by Elrond hasn’t been announced, but the platform says that a consumer app will be the first one, and it will be available at the Samsung app store. The blockchain network’s focus right now is on performance and usability, as Elrond states that it is “ready to go live with a Layer 1 solution which brings a 1,000-fold improvement over existing blockchains.”

Presently, Bitcoin (BTC), ether (ETH), and the Aergo token are all supported by the Samsung blockchain wallet. TRON recently was added to Samsung as well, allowing developers to take advantage of the TRON blockchain as they offer new applications through Samsung’s smartphones.

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Krystle M
Krystle is an American cryptocurrency blogger that wants to see the future of crypto and blockchain technology evolve. She has been writing about cryptocurrency for about a year, with a special interest in blockchain technology and regulatory measures around the world. While away from writing and learning about the changes in the cryptocurrency industry, she likes to indulge in science fiction novels and further her experience in playing both guitar and piano.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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