April 18, 2024

The new generation of smartphones Samsung Galaxy S20 will support cryptocurrencies and tokens

The world's largest smartphone manufacturer Samsung has confirmed that the new Galaxy S20 smartphone lineup has been addedSupport for cryptocurrencies, including BTC, ETH and ERC20 tokens.

Information has appeared on the Samsung website about what's newThe Galaxy S20 generation of smartphones will include a proprietary application that gives users the ability to store private keys for BTC, ETH and ERC20 tokens.

“We created a secure processor designed toto protect your PIN, password, pattern and private keys. Combined with the Knox platform, security is embedded in every part of your phone, from hardware to software. In this way, personal data remains confidential. ”

Samsung introduced Blockchain Keystore for the first time inearly 2019. The cryptocurrency app is available to Samsung device users in the US, Canada, South Korea, UK, Germany, Switzerland, Spain, Portugal, Sweden, Austria, Finland, Denmark, Norway and Iceland.

Last summer it was reported that the Samsung GalaxyThe S10 will feature a cryptocurrency wallet from Pundi X, and in September the company released a new blockchain smartphone, the KlaytnPhone, with a built-in cryptocurrency wallet.

Blockchain-enabled smartphone marketcontinues to grow. In November 2019, HTC announced that it would release a special version of the Exodus blockchain smartphone with support for Binance Chain, and previously the company released the Exodus 1S blockchain smartphone with the ability to run a full Bitcoin node.

Last September, startup PundiX announced the imminent launch of the BOB blockchain smartphone, and in the same month it was reported that LG was also preparing to release a blockchain smartphone. However, these two devices have yet to hit the market.

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