South Korean consumer electronics giant Samsung will reportedly include Cryptocurrency and Blockchain feature, Local English Language Local Media Business Korea, on May 14 in a budget smartphone released by Samsung.
According to the report, the crypt and blockchain-related functionality included in Samsung S10 will be included in other Galaxy Smartphone models. The electronics maker has also planned to collaborate with Blockchain-based mobile identification cards and telecom companies on local currencies.
Chay Won-Chell, senior managing director of Product Strategy Team, said in a wireless business division of Samsung Electronics, said:
“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.”
As reported in late February, the smartphone of the new Galaxy S10 series, issued by South Korean technical giant Samsung, will apparently have wallet functions for Ethereum (ETH), Bitcoin (BTC) and two other tokens. .
At the end of April, an anonymous source told a Crypto news news outlet that Samsung could end up developing a public-private blockchain with its own.
And this week, HTC also announced the low cost version of its blockchain smartphone, which will be seen around Q3 2019 along with the full BTC node, as well as the Wallet ERC-20 token swap.