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.

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.

Ponvang Bulus
Ponvang Bulus
Ponvang is a cryptocurrency enthusiast, author and investor. He has experience writing on current happenings in the industry as well as technical aspects of Bitcoin improvements. He is also completely fascinated with blockchain technology and an ardent believer in the same. When he is not working, he likes bird watching and reading about politics and the environment as well as traveling and promoting the use of cryptocurrency among family and friends.

[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

3,474FansLike
2,795FollowersFollow
4,197FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Kraken and Binance Form New Partnerships to Offer More Fiat Funding Options

Amidst the flying altcoins and stuck Bitcoin, cryptocurrency exchanges continue to add new options to allow users to buy and sell digital assets. Kraken has...

Nexo Collabs With Chainlink; Using Its Decentralized Oracle Network for Crypto Lending Transparency

Nexo’s, leading crypto lender will integrate Chainlink’s extensive Oracle Network to its platform in a bid to decentralize and secure its infrastructure as...

Argentina Pumping Millions in Bitcoin Amidst Currency Collapse & Economy Slump

Argentina is back in bitcoin. More than 100 million Argentine pesos worth of BTC were also trading on peer-to-peer cryptocurrency trading platform, LocalBitcoins. The last peak...

Unstoppable Domains Rolls Out Decentralized Chat App; Giving Users Complete Data Privacy

With all of the talk about data privacy following recent reports of U.S President, Donald Trump wanting to ban the Chinese government-affiliated social media...

Here’s Why Bitcoin Could be Getting Ready for a Big Move

Bitcoin is stuck and altcoins are pumping. This may not be the time for the world’s leading cryptocurrency yet as it continues to trade under...

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.

Start Using Crypto Today