Bitcoin Forum

Coindesk published a REPORT (https://www.coindesk.com/samsung-developing-ethereum-based-blockchain-may-issue-own-token) that Samsung may soon issue their own token (Samsung Coin). It is still not confirmed yet but news like this are most welcome. Let's see how things unfold.

Ugh, I hate private blockchains.
It's not what the tech is for.
It's like news vs propaganda.  News was made to inform the public but people take it to make propaganda (which is meant to not inform, but control the public).

These big corps are so far behind and have so little understanding its hilarious.
Yes, we live in a world where megacorporations like disney, samsung, apple, dominate the market.
But unless they adapt the true strengths of blockchain, they will be left in the dust.
The true strengths are open source, publicly distributed, and totally transparent.

Take Blockbuster video for example, the king of vhs and dvd rentals.
They are totally bust now because they were too late in envisioning a world where people could consume their movies and shows online.
They simply weren't on top of tech developments and their implications.

Nothing is confirmed yet and as what's quoted above, it could also become a public blockchain.
It's no denying that they came in a it late but they do have the resources to adapt and catch up fast.

Samsung Coin, Facebook Coin, big corporations are getting ready to create a new revenue stream for their companies by letting the average joe invest is private blockchain and centralized corporate coins (I find it very unlikely that they'll make it a public blockchain, but who knows?)...What's next? Netflix Coin? Starbucks Coin? Are we gonna start seeing an influx of new tokens/coins from the big companies around the globe in the next few years? Maybe shitcoins will no longer pollute the crypto market, corporate cryptocurrencies will take their place :/

Maybe yes, but this will not guarantee that will be a successfull project and maybe they will use it internal and even if will put on sale maybe who own a Samsung phone will buy it.

I think very good news. After all, Samsung has a huge number of users and all of them will be able and most likely will want to own their cryptocurrency, and this is very good for attracting a large flow of people to cryptocurrency.

This is good news if Samsung is actually issuing a coin, it will be the first, Samsung is the first cellphone to issue coins, hopefully this is accurate.

Although I love Samsung and its products I think I will not support this coin if they ever decided to release one on their own. This will be centralized and I think this will just go down like other centralized coin or token that has been released in the market.

Many large companies recognize the benefits of using blockchain, I think that Samsung can already test private blockchain, just does not want to talk about it.

Today or tomorrow, every big giant will gradually come into this. Otherwise, they will not be able to keep up the best in the market. If Samsung comes into the place, that will be huge for the crypto industry. I had a feeling that we will be used cryptocurrency in future as per industry category. Like, for example, medic coin for hospital, facebook coin for ads and so while bitcoin will be the leafing crypto like as USD.

I really hope this news is true.  On the brighter side if this news is true and Samsung launches its own coin it will be the much needed pysh blockchain needs to gain massive adoption and go mainstream

Yet another company or centralized entity trying to jump on board and make it in the news. They don't need a crypto. It is useless for them. Cryptocurrency without decentralization is another paypal and why would they want to be one? If this news is true but I hope it is not.

There are two ways to look at this, I don't like big corporation take over the space because what they want is to take over everything and this si against what the space is all about, but however it give credibility to the space, Facebook and Samsung are big companies and the tumour of Tesla offering ICO is a good thing to the space

I would have liked more if Samsung would have implemented and added already available coins like btc, eth or xrp in their ecosystem i personally do not get the purpose of such a move i mean why such big corporations need their own coin. Coin is just required for funding and when you already have funds then there is not much need of creating a new coin.

I don't see that the private blockchains have anything to do with this space. Private blockchains are highly centralized and against the spirit of the whole decentralized space. I really don't see any point in them.

Yes. We'd start to see it coming for what purpose do they support BTC wallet on their phones as a matter of fact, I can see they may even have their own exchange also. The adoption is almost reachable by a hand. Facebook had started it and we shall see more coins from the big companies like Samsung and perhaps the Amazon as well.

Big corporations are a bit late but they want to have their piece of the pie. Anyway, their appearance means a lot for mass adoption of crypto as they have huge customer base

This is a possibility since Samsung is recently investing in Crypto hardware.

https://cryptocrunchapp.com/news/samsung-invests-29-million-in-crypto-hardware-startup-ledger (https://cryptocrunchapp.com/news/samsung-invests-29-million-in-crypto-hardware-startup-ledger)

They could be open on creating on their own blockchain or another token.

That's a plausible thing since i think they have added a bitcoin wallet to their phone with a reason, to test how it works so further they can add their own crypto wallet to their phones so that people can make blockchain payments using their phones. If you think about it, what they did with galaxy s10 was just an experiment to see how people react and also to test how a crypto wallet would work on their phones

I agree with what you said. I think that by this news of having many corporate cryptos being produced then it will surely drives away the shitcoins out there.  And I bet this corporate cryptos have future on blockchain field for resources they have and their costumer's reputation also.

ccn also published an article about samsung coin
https://www.ccn.com/samsung-coin-electronics-giant-secretly-tests-ethereum-blockchain-erc20-token-report (https://www.ccn.com/samsung-coin-electronics-giant-secretly-tests-ethereum-blockchain-erc20-token-report)
I'm not surprised at all because it's not the first time, that time galaxy 10 include crypto wallet, currently investing in ledger company, if all of the biggest company around the world also join the blockchain, I think cryptocurrency must become our future.

I think big companies have thought of releasing their own crypto, but until now all have stopped on rumors. Blockchain is a typical achievement for 4.0 technology, so big companies will also capture the trend and application of blockchain technology into their systems.

But to be honest, if there are too many private blockchain, it will greatly affect the goals that blockchain set out from, which is an open source, a public blockchain that anyone can participate in and contribute.

Maybe because their sales drop off and think of a strategy that could boost it anyways. Now they'll gonna have to hire blockchain experts developers to catch up, but even so late, it is better that never. If they could manage to do this and succeed, I think other companies would follow too. They have been always like these, want to be ahead of each other so they would do anything to provide uniqueness and soon all of the electronics companies out there would be blockhain ready.

All these wallet integration and Samsung Coin are just marketing tweak from Samsung. The latter is even just a rumor. Like some people in this thread, I'm quite interested in tech giants going for blockchain but not in this way. JPM coin, Samsung coin... all are worthless up to now. Why not JPM blockchain or Samsung blockchain instead?

When multi-billions companies are taking its step toward cryptocurrency, that will bring a lot of money to the crypto space and demand. But the cons are about they will create a big monopoly in the cryptocurrency.
They have unlimited money and anything looks possible for this company.

They've already utilized the ENJ if I am not mistaken? I think samsung should be clear on this side, launching their own cryptocurrency will not going to be effective if they are confusing their clients and customers. They should have their one word and I think if they want a samsung coin, then so be it. Don't associate other crypto at all.

Well, we can't do anything regarding that matter. Business is business my friend, you should open your eyes that big companies still choose profits over development. So if a particular company offers private blockchain you have two options: learn to deal with it or refuse at all, the choice is yours.

Many big corporations, like Google, Amazon, Microsoft, etc. probably already develop their own blockchain platforms for private use. But they don't share this information in public. But it's not interesting for regular user, such projects only for internal uses.

That is right, it looks like we are going to see Samsung coin after all. Maybe that's why they didn't include bitcoin in their wallet integration in the first place because they have their own plans of having their crypto. I'm expecting it to be public blockchain and everyone could invest and trade it. But I'm sure it will be roll out next year though, the market is just recovering, business wise, it will be better if they unveil it when we are already in a bull run, to create more hype in the market.

Why shouldn't they get one too? Sincerely I hope the news is factual and Samsung gets inducted into the crypto community. The sky is too big to accommodate any kind of birds. LG should get one for itself too and other big corporations. I still don't know why Alibaba is taking this much time coming onboard. It's the rave of the moment and every multinational should key into it speedily. In business, you either flow with the trend or go against it and get slaughtered by it.

If it happens, it will be a boost to the cryptocurrency world because other mobile company will likely follow their footstep. In a long run Cryptocurrencies will rule many sectors. Gradually it has started creeping in.

Which only they will not do for the sake of marketing and raising the price of their own products. And their own coins let out smartphones that mine these coins. Soon all large corporations, social networks and other giants will start to issue their own coins. All only for profit and increase in prices for own shares

This is very good news and good idea.Because Samsung has a huge number of users and also they taking lots of marketplace.But if this news is right they can successes of alter coin market.    

Many are talking about these days if it's right then it's 100% big adaptation is here and it's a very good, big companies join crypto world and its becoming mainstream if we could end this bear market and start a bull market then will be much more chances finally win banks and governments start understand the real value of crypto.

Impossible in this world.  Skmsung has very good programmers, and generally a strong team.  Therefore, I think that if they take up this business, they will succeed very well.

I can not believe it when its officially announcement. There are so many rumour about big firms which they are creating a blockchain own. But there is no one yet has started to development.

Samsung is just trying to play smart and be part of something that can be very explosive in the future. Ideally speaking, there are many companies that backlash crypto and blockchain as a whole but behind doors they're a working on something to be part of the game in case the blockchain disruption gets very real in the near future. Bottom line: They all have seen blockchain as a threat and if they can't beat us, they join us then. It's a good milestone in the crypto space though. It's very very good.

Well, if the Samsung presoedyenitsya to the industry will be miraculous. Imagine if we can buy smartphones or appliances when using our cryptocurrency wallets. They will furnish Apple. FB VK Telegram here you also have Samsung and it will be a new dawn of cryptocurrency as a whole.

One thing is for sure that all these big names have now realized the power of Blockchain and Crypto so they are opting for their lion's share. Whatever they do won't be possible for them to beat the decentralization as time goes by. Samsung let see if you have to offer something for the masses.

I sometime allow myself to believe whatever news regarding cryptocurrency comes in the market. And it is just to console myself and give me hope that cryptocurrency will come on track following dark days. But in fact, the latest development with regards to cryptocurrency is happening actually. Facebook is reported to be launching its stable coin, which is yet to be confirmed. Likewise another good news is Samsung is planning to issue its own coin. I wish these news are materialized.

Yup this is a very good news even though they want to make a private blockchain. It can still bring more awareness to the all Samsung users in the world. Imagine, people around the world heard this Samsung coin and they began to search about cryptocurrencies.

Samsung is one of the first companies that have launched their phone with a blockchain integrated wallet and I would not wonder if they would release their own coin in the future, because they are actively working towards our direction.

Samsung is one of the largest corporations in the world. I think that creating a cryptocurrency from such a giant is a huge step forward for the entire crypto industry.

The truth is I read it somewhere on the internet as well but I'm not sure how genuine this news is,lets not spread what's not been confirmed yet but if it's true well Samsung is most welcome

That's a good decision for them in case they will enter in the market, that's major company adopting crypto whether we like them or not.

We should not think of their benefit but also for the benefit of the entire crpypto because of their popularity, they will help bringing adoption in the market, by introducing the market people will know a lot of alternative coins to invest with.

Samsung has many users of their phone so creating their own coin will be massive for them and at the same time, this will create more awareness to those users who doesn't know or doesn't have any knowledge regarding cryptocurrency.

There is a "MAY" word so it is not final at this moment but if this will happen, it can create a domino effect to other phone models. Creating a Samsung coin will be another step towards adoption.

It would bring positive changes and encourage many people into cryptocurrency if Samsung coin is issued in reality. Many people are fed up with news (unconfirmed) relating to cryptocurrency. Earlier, a news hit the headlines saying Facebook is launching its own stablecoin. But we are yet to see Facebook's stablecoin issued so far. So amidst these contexts, I can only pray these news are real and implemented.

Why Samsung needs own token? For in-mobile payments? Or they want to create another USD backed coin? To pay among Samsung Pay users?
Samsung is really crypto positive, but it is needed to create another centralized token?  ::)

This is one great news mate,even if this is still not confirmed yet this will give positive effect to our crypto community,welcoming samsung to the gang is a privilege since i am a samsung and apple users ever since so i will wait if this will become reality in future.the popularity of samsung worldwide may brings us chance to have a free advertisement in their platforms

they create their token because now it is fashionable. In the next 5 years, every campaign will try to create its own token

for the profit i guess . samsung lately agree that they will partner with crypto and they succesfully release thier crypto featured phone , now they are taking it to the next level by creating thier own samsung coin . the coin is a perfect partner for thier crypto phone  . the extra use of the coin might be for purchasing samsung products .


yes it is . we all witnessed that the price of cryptos has slightly improved after samsung realese their crypto phone and now if samsung releases their coin i think this can help the price to improve more evenly . this things can remove the people's doubt about cryptos  . they will now believe that cryptos are really legit .

now it seems that everyone top companies wants to make their coin and join the cryptocurrency wave. one thing am bothered with is that it probably going to be centralized which is not what a true cryptocurrency stands for. an advantage of this kind of coin is they eventually come is that they will help to increase adoption and make more people know about cryptocurrency and blockchain technology.

If this is real its nice to get involve of this investment,since we all knows how fame samsung was and Its also one of the big company in the industry. There is no reason that it will failed and I'm sure it will a great altcoin in the future.

If they gonna enter the cryptocurrency world then this might be the start of the big break for the crypto world, samsung is a huge company and they wont let everything that they enter to be left behind meaning if they enter cryptocurrency they had a plan to take it further.

If it happens then for sure MI coin will be the next one and probably we will see Huawei, Apple, Nokia coin in the following months. I support this type of development, but instead of creating individual coins, all company should be partnered to create only one coin like "Mobile Coin/ Cell Phone Coin/ MASH coin (MIi+Apple+Samsung+Huawei), etc. This will help global reach, profits and mass adoption.

Just wanted to point out that it's not a "token", it's a cryptocurrency. If they were tokens they could just use any ready platform with same ecosystem that's already out there. But they are building their own.

With over 2.6 million euro invested in hardware crypto security firm ledger, Samsung has made another bold statement that its very interested in cryptocurrency and wants more market share. I will definitely be an investor of Samsung coin when it launches

Interesting development.

It is strange though how Crypto community welcome the big companies and even tolerate their trials and errors but when it comes to decentralized projects funded by regular people we become hostile and intolerant.

to me it would seem a good news if samsung entered the world of the crypto and created its own currency and its own blockchain would mean that one of the big companies really believes in the potential of the altcoin, then they have already invested in the development of the ledger hardware

They had been report also that facebook was going to release there own cryptocurrency coin but still yet nothing has been released. There is no where Samsung has officially said that they where going to release a coin I consider such news as rumours and speculation

I think many big companies will roll out their coins. they will be used in different ways, for example as a reward for customers.

Samsung smart phones surpassing iPhones nowadays and the companies values keep raising. Only in the fourth quarter of 2018, Samsung's smartphone shipments amounted to 70.4 million units. So they sell billions of dollars and getting bigger everyday. If they decide to come to the cryptocurrency market it would be big milestone i believe. I would invest if they start a coin for sure. After the facebook coin the market will change in big time, i am waiting for that..

It will be very nice if Samsung actually come up with their own token, cryptocurrency is getting wider and popular everyday and i believe very soon, big company will start investing in cryptocurrency.

That's true in next few years shitcoins will take over of this big companies that will more adopt the cryptocurrency, but it will be last longer or just they want make some money not just to adopt crypto in their platforms? Well will see what will happen to this companies after entering crypto.

Lol, why do we have to speculate unnecessarily? We have so many uncertainties already and you still want a Samsung coin ? To buy or repair Samsung devices ??

Let’s be smart than petty ideas; crypto currency is not a joke
Do not abuse the decentralization

There are possibilities for such an existence, but the name won't be Samsung coin. Just think of bittorrent, what it does and same as that Samsung too can do. Not to repair, but Samsung holds a big market and on those marketplaces it can be used. With bittorrent it's been just integrated with a blockchain, same as that Samsung could also do.

https://bitcoinexchangeguide.com/crypto-hardware-wallet-ledger-receives-2-9-million-in-funding-from-tech-giant-samsung/ (https://bitcoinexchangeguide.com/crypto-hardware-wallet-ledger-receives-2-9-million-in-funding-from-tech-giant-samsung/)
Samsung started to cooperate with Ledger. I think that Samsung will continue to develop in the field of cryptocurrency and blockchain. I think that this is not surprising.

Samsung is a big company so there's nothing wrong in them going into crypto, and I think most of their lovers who are in crypto will enjoy the action and that can be more opportunities to spend crypto in buying more physical things unlike we hardly find where to spend them.

Samsung is increasingly serious about adopting blockchain technology. I even read information that Samsung has plans to make coins as soon as possible. that is good news from a giant company.
https://cointelegraph.com/news/report-samsung-planning-new-blockchain-mainnet-featuring-samsung-coin

It seems to me that giant companies are making their own tokens just like wealthy people they are now starting new projects but the question is, will it survive in the long run? If the project has the potential and helpful to the crypto world and the general community it will be a successful project but that will also depends on the investors or supporters if they will strongly support for the good of the project like the Samsung Coin if it will soon be confirmed.

Samsung company is a big company where their products are very well known in the world of electronics, so it would be very easy if they want to make digital currency coins to be introduced to all people, hopefully this can be realized.

Maybe if that so, you could just download an exchange platform on the samsung phone if you wish to consider these cryptocurrencies. I guess they were just going to make an asset which would be called the samsung coin, not really in to the investment on other crypto assets to consider.

Corporate cryptocurrencies by big company with their private blockchain means centralized. And this is contrary to the philosophy of the blockchain itself which is open source, transparent, without third parties and decentralized.
I personally support the adoption of these big companies. Samsung mentioned the hybrid blockchain, a combination of public and private blockchain. Let's wait for its certainty.

I also read some articles that Samsung is doing to have their own cryptocurrency, and I have come to an idea if it is true or just a rumor. If it will happen then it will be a good opportunity for us crypto users to support their project. We all know that Samsung is a good and big company, having a good conduct from the it's users and it has lot of supporters. But is better if they're going to make it as a public blockchain instead of private.  ;)

Nah, I.have read threads like this before and it seems that samsung smartphones did not establish cryptocurrency in their system. I just do not know right now and was being confused if really samsung phones has the intention to apply cryptocurrency wallet in the android phone system.

I.will.just hope that one day smasung and other smartphones will just implement and continue the use of cryptocurrency.

really? are they serious to make their own coin? if that is true then it is an opportunity to us to make money, many will buy samsung coin.

It's just a rumour and please you can read it carefully. Samsung coin still on the debate by its internal. This is just a piece of news that was containing a lot of rumour. If they will try to make their own coin and they will create an official announcement about that and spread it.

I only thing that if that becomes true, then it could attract the other big telecommunications company will follow Samsung ways, and they will create their own token/coin. Once much big company involve in the cryptocurrency, we will see a new phase will happen which the technology will grow and of course, the adoption process will running well in the future.

That will be good news after all especially for people who want to make a profit from cryptocurrency because they have a new opportunity from Samsung. But Samsung needs to compete with the other coins to prove that they are good enough than the other coins.

Good news, I hope that when the Samsung coin is released it will entice other big companies to enter the crypto market.

I am following some of the techno related youtube channels but none didn't said about samsung coin yet so all these are just assumptions from outsider we can say that samsung will introdue their crypto from their official announcement until that keep concentrating on the available crypto.

It might be a little bit difficult for them to create monopoly in an industry where we also have giant multibillion companies who are also ready to compete with them, I am sure very soon, apple will also come up with its own private blockchain to compete too.

Well we should encourage all these for now, so we can use it as a marketing tool for cryptocurrency, if these companies keeps adopting cryptocurrency, it will be an eye opener to other who are yet to be in the loop, in future when everything has been established, I am sure things will automatically take shape and corrected, so for now, they should do whatever they like to create crypto awareness.

I don't really know much about the both companies and their respective interest in cryptocurrency, but I will really love to read about them. The comments bon this thread already have an insight though.

It's a good thing that these giant tech companies are finding their ways into the space in good numbers. If this should continue for sometime, then it becomes apparent that we might see some boom soon via the level of adoption they will bring

Why don't we just wait until they make an official announcement. These "rumors" are definitely part of marketing campaign.

As i see , they are going to develop own payment app, built in into all Samsung devices, and the token should become a money for this app. So, one more centralized pseudo crypto will appear.

I read this news and if honestly she really surprised me such a big company like Samsung decided to enter the cryptocurrency market, which once again confirms the interest to the cryptocurrency of major players.

In terms of awareness, the addition of wallets to the S10 was a nice development. But I don't think they're gonna go into coins for now.

Such a giant as Samsung can easily take a leading position in the cryptocurrency market. Another question is how to implement it without losing the client base, so that everything is simple and understandable for ordinary users.

Wow, another coin to do what? We just keep piling up so many utility coins in the market that are of no much use and will not grow. I know they have large fan base but it doesn’t mean that all their fans will accept to use the coin and moreover, they can only use it to purchase Samsung products.

Since they have already choosing to develop the wallet on the phone based on ethereum, they would have as well just go into partnership deal with ethereum instead of creating another coin, now we have to still start swapping some tokens or Fiat to Samsung coin again to be able to have access to their products. Well, lets wait and see the outcome.

There are many rumours dominating the cryptocurrency space ranging from the Facebook coin, to the Samsung coin. Most of these information are not verified and are barely true.

There are big companies involved in cryptocurrency already and they have been investing millions of dollar in blockchain and exchanges.


Expect greedy corporations to make their own coins to get free money.

It's a huge news for cryptocurrency world, if that really happened and success, i'm sure it will boost the cryptocurrency market and make it green again. Sadly it's still not confirmed, btw any new updates for this news? It's really big if that really happened, samsung is a big company dude.

Ofcourse, businesses aren't a charity organizations. If Samsung was successful in making their own coin and made a good profit from it, We should expect that greedy corporations that doesnt really have no interest in improving the cryptospace will try to make it as a cash cow.

Just like the ICO hype situation, there were projects that are backed by companies made their ICO and after collecting free-money they disappeared.

Hopely Samsung make official announcement about this. From what i am read, samsung coin will run in ethereum blockchain and i think its good for crypto industry. If Samsung start to involve in cryptomarket, i am believe many big company will involve too and this is good news for crypto market if really happen

Hopefully they are serious about developing this coin, the business name already a good guarantee that the project will materialize, samsung can open doors to other companies that will also embrace the blockchain system, they can take every advantages that they have as the coin can target different functions around the economy, with high hopes that they will not turned everything as milk and butter business but helping the community to be more developed after some years of functionality.

It's like the same news as Facebook coin. Since Samsung is popular, I guess a huge number of users would also adopt and support their coin. However, it's still an unconfirmed news.
I don't think samsung would focus on having their own coin rather than focusing on their products.

Samsung involvement in blockchain technology will really make a difference in the blockchain industry, we can imagine how much Samsung makes on a yearly basis using fiat, if the entire fund they make through fiat can be channeled to cryptocurrency market, and crypto market cap will really be set to witness a very high increase in total crypto networth.

Companies like Samsung are some of the major large scale corporate that is required to create the bull run necessary and I can see there are projects being developed like this that might get into the market soon.

After the failure of the last flagship smartphone, I do not think that they will be written off with cryptocurrency. You need a lot of money to develop. And when you constantly fail, then investors may have questions about cryptocurrency. Samsung now need to work on its reputation.

Samsung has cemented its place in the world as major player on hardware market  but very little is known  about its creativity in software development. IMO, new "branded"  coin is  not necessarily an easy task, as the blockchain technique had been in existence for 10 years and company should not  see it   as a "guardian process"  in its core business strategies.

If they create samsung coin and they have good benefits to the cryptocurrenxy why not? But if they have bad effects to the crypto maybe they not create the coin. But we know samsung supported cryptocurecy so I don't see any problems with the samsung coin.

Which smartphone your are talking about? Samsung S10+?

I don't think that mobile is a failure which already beat its rivals on specs and performance but sooner they will be in back when rivals launch new mobiles.

I do not think that this coin will just be needed by anyone. its use will be very narrow. so I think that this coin will be useless

Facebook, JP Morgan, Telegram, and now Samsung and Nike? If major brands such as these are beginning to adopt these types of technologies and create trendy new use cases for them it won't be long before they hit the mainstream and become more widely used in everyday life which will be a big plus for the entire cryptocurrency industry

I heard same this morning and I am not surprised a bit about this, Samsung is a company that have studied the Blockchain and know that the future is heading that way, this is why they are doing everything possible to make sure that they are part of the big companies that adopts crypto on time before we begin to see the economic crisis that will crash a lot of big companies that don't have any base on the Blockchain, what their doing is a smart move and I commend them for it, I hope other companies learn from them.

Is this news is real or just a way to sway the mind of the people? If it is true, the news will indeed make a good impression in the crypto market cryptocurrency is on the way of mass adoption. Lately, many organizations, authorities have shown interest in cryptocurrency. Among them is JP Morgan, Facebook, who are much into it by throwing their hand at them. This will make easier for cryptocurrency to be adopted widely. Is this news is real or just a way to sway the mind of the people? If it is true, the news will indeed make a good impression in the crypto market cryptocurrency is on the way of mass adoption. Lately, many organizations, authorities have shown interest in cryptocurrency. Among them is JP Morgan, Facebook, who are much into it by throwing their hand at them. This will make easier for cryptocurrency to be adopted widely.

first of all all these potential coins such as Facebook, JP Morgan, Telegram,Samsung and Nike this is a big advertisement for the whole cryptocurrency

On the one hand it's good if companies like Samsung also jump the crypto train, but on the other hand not every company has to have its own coin? It would be better if big companies would use already existing blockchains instead of doing their own blockchain. But I do not want to complain. At least crypto finds more and more attention and this is the most important.  ;)

Whether it is rumor or no rumor, at least you have also been able to confirm it in your own statement too that there is an internal debate over it, which means there is a plan for them to do so and just discussing on its success.

It is still a very good thing that majority of them are thinking towards the line of blockchain technology. Proposing it alone is a great step, if they now decide not to execute it yet, but at least they all have the mindset about blockchain technology and cryptocurrency. I am sure that the outcome of their internal debate will favor the establishment of the coin, so our fingers are crossed and waiting to see the outcome.

Its a very good news for crypto world. Samsung is a very big company and million of customer they deal everyday. If they issue their won coin to buy their product. It will be very good.

I doubt there will be a Samsung coin. Samsung is a big company, and it's too risky if they want to make crypto. Crypto has high volatility, if the crypto market falls it will have a bad impact on Samsung shares. and I think they are aware of that.

they might only develop supporting infrastructure such as wallets and so on. because it can provide them with future benefits.

It is important for mass adoption that big corporations are entering the crypto market.
After the Enji wallet integration in Galaxy 10  it is still not clear what will Samsung coin
be used for. Hopefully more information will be announced soon.

It wouldn't be a surprise if Samsung launches its own cryptocurrency after it has expressed its interest in cryptocurrency through the integration of crypto wallet into its S10 phones. This could mean that Samsung is gradually creating awareness about the crypto world and its interest in it to its customers. The world will soon go cryptocurrency as these big companies and countries gradually join.

From what i am read, samsung coin will run in ethereum blockchain but still no updated about when launched. Its good for crypto market if samsung launch their own coin because its give more trust and confident from investor. Recently, facebook want to launch their own coin too and i think crypto already attract more big company to join in this industry

I have seen lots of these news too a lot and I have not really seeing any of them planning on having their own utility token, although it will benefit them more if they really do since they already have a very strong users worldwide and also the fact they have a product that has been know already, so it would not be a difficult thing for them to succeed when they finally introduce it.

Since they have not full declared their intention to us directly and everything we have been seeing so far has been based on rumor, probably some other big companies would have grabbed this idea already and working on it, so it is not a bad thing if they come up with such rumor that will lead to others getting idea.

I know will be many companies want to accept bitcoin as their payment, after Galaxy S10 now samsung coin have release to public and accepted bitcoin or altcoin, just waiting what the next coins at the future working with companies.

Recently i'm heared so many times about Samsung coin, Facebook coin, etc. Untill now i'm still don't know exacly is that true or just an april fool. if that's were true news and confirmed by the company itself than it's a good news thought. i'm so glad to seeing those great company join into Cryptospace.

I really fancy this news but I hope rather than designing their own blockchain infrastructure that they adopt blockchain framework that are already established in the market.. Ethereum, EOS, ADA I believe a good enough to provide the infrastructure for the Samsung coin..

I love Samsung phones and their technologies but I really don't like their idea of having a Samsung coin, for they will be the only benefitor of that. Why do they need to open a coin for themselves when they are already successful on their own business?

Why not? Samsung is a big company and it can afford to create own coin that will be used in their smartphones or by Samsung Pay.

Indeed, such news should be seen as evidence that adoption is developing. So, bigger companies now want to continue with the right one. Lets wait, if there is a convenient coin, the positivity will continue.

Microsoft accepting Bitcoin had ben a great news in the past few months and I think that if Samsung became part of the Blockchain family, it would really give a push to the trend because users all around the world would be able to pay in Bitcoin for their gadgets they buy. Samsug coin would be worth investing in as well. It would have great project since the company is full of wise monds.

Well i knew this would definitely pop someday. Why create a new coin when we have cryptocurrencies already operating in the cryptospace. All these new coins reduces the market cap of existing coins such as Ethereum, Bitcoin, etc.

I concur,  i don't think it's a good idea for Samsung to havea private blockchain company,  expect if the coin is mainly use for their own products.  Which i think it can be successful but not guaranteed.

The whole idea is to run on a blockchain technology, whatever coin they will be operating will be a utility toke used internally and not external, so they may not serve the purpose for which Bitcoin and Ethereum were created, and even if they will not be used internally, their project and that of Bitcoin/eth is totally a different thing, and they cannot be building another man’s empire when they can easily focus on theirs, what is the need of selling shares to someone and giving them another companies collateral in return.

The only idea I do not support is company creating general payment token when we already have Bitcoin and Ethereum to serve the purpose.