Stellar support added to Samsung crypto wallet

The Stellar Foundation has announced the addition of support for its curated blockchain to its cryptocurrency wallet.Samsung smartphones.

Stellar is the fifth cryptocurrency networksupported by Samsung wallet. It also allows you to work with Tron assets, Ethereum, Klaytn, and Bitcoin. Thanks to the latest extension, the owners of some Samsung Galaxy smartphones will be able to store private keys from their addresses in the Stellar blockchain. In addition, developers will be able to add their apps to the Samsung storefront.

“We have created a secure processor designedfor your passwords, PINs and private keys on the blockchain, explains Samsung. - Together with the Knox platform, security penetrates every element of your smartphone, from hardware to software. Thus, private information remains private. "

According to the Stellar Foundation, at leastfour teams that are in one way or another related to cryptocurrency are creating apps for the Samsung store: DTSOQ, SatoshiPay, Litemind and Nodle. In May, the Stellar Foundation invested $ 550,000 in SatoshiPay, a startup specializing in cross-border transactions.

Integration of Stellar into Samsung Blockchain Keystore- this is a significant step for our network, - said Denelle Dixon, CEO of the Stellar Foundation. "Samsung is providing a user-centric key management solution to drive wider adoption of blockchain technology."

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