Mobile Tech Giant Samsung Hints New Blockchain and Crypto Features to Other Galaxy Phones
Giant phone company Samsung, the maker of blockchain phone Samsung Galaxy S10 has indicated interest in adding the feature in other low budget galaxy phones.
The company made the announcement through it’s senior managing director of the product strategy team Chae Won-cheol.
“We will lower barriers to new experiences by gradually expanding the number of Galaxy models that support blockchain functions. We will also expand our service target countries after Korea, the United States and Canada.”
According to report from local news outlet Business Korea, all the features in the S10 including the digital wallet feature. Only the S10 now has blockchain features such as digital signing and support for decentralized applications (Dapps).
The S10 announcement came last year and raised a lot of hope among crypto enthusiasts. However, the crypto community was not very pleased when the phone arrived with a wallet that only supports a few altcoins but with no support for Bitcoin.
Samsung is not the only company that is working on blockchain features for its phones. HTC also recently announced it will be launching Exodus 1s, an improvement from the first blockchain phone Exodus 1 which it launched last year. The new phone is also to serve as a Bitcoin full node with the full Bitcoin blockchain included. Despite all the improvements, the phone is to be cheaper than expected with a retail price of $250 to $300.
Hopefully when Samsung expands its blockchain features to smaller phones, it will include a Bitcoin wallet this time as that is the major digital asset that cryptocurrency enthusiasts want to see on the the phones, although it is not certain which phones will carry the features.
The mobile phone industry venturing into cryptocurrency is a major step towards bringing digital assets into the mainstream sectors as millions of people use mobile phones worldwide. With such phones carrying blockchain and cryptocurrency wallets, it will only be a matter of time before the users become acquainted with cryptocurrency and blockchain technology.