More

    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.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Avatar
    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

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,261FansLike
    2,728FollowersFollow
    4,098FollowersFollow

    Live Bitcoin Price & Latest BTC Chart News

    Today's Latest Crypto News

    Celsius to Implement Compounding Interest on Cryptocurrencies Deposited in Its Wallet

    Borrowing and crypto lending platform Celsius's Founder, Alex Mashinsky announced, that starting February 1st, they will begin applying compound interest for their customer's wallets. https://twitter.com/CelsiusNetwork/status/1220013310168293377 The...

    BlockFi To Cut Rates For ‘Tier 1' BTC And ETH Lenders While Boosting ‘Tier 2' Starting Feb 1

    BlockFi announced changes in its Bitcoin (BTC) and Ethereum (ETH) lending yields starting Feb. 1. Changes follow the increasing price and interest in...

    MENA’s Unbanked to Drive Crypto Adoption While China’s 5G SIM Cards to Enable Digital Payments

    In MENA region, two-thirds of people unbanked but over half of the countries have 70% mobile subscriber penetration rate China Telecom working on...

    Are Mining Death Spiral Believers Holding Bitcoin's Price From Jumping?

    Bitcoin hash rate down at 118 Th/s from ATH of 126 Th/s hit on the day BTC price jumped to $9,000 A risk...

    Japanese Lawmakers Are Open to Issuing A Digital Yen To Compete With Libra, Digital Yuan

    A group of Japanese lawmakers from the ruling party came forward with the proposal of Japan issuing its own digital currency. It seems China’s determination...

    Bitcoin’s Privacy Update Schnorr/Taproot Reaches a New Milestone

    One of Bitcoin’s biggest upgrades that will improve the privacy of the network has been published on the GitHub as BIP 340, 341,...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.