Samsung S10 Embedded with Cryptocurrency wallet

[btc_angela]

Wow?! That is really really really great indeed. I am one of the Samsung proud users and hopefully I'll ve able to purchase this S10 unit too someday. That would a good news for me as a crypro user too.

Are you willing to shell out around $1K for just smart phone with supposedly crypto wallet support? Not a good investment, imho. Anyways, not buying this rumour. For me this is just a marketing strategy and nothing else and I wouldn't be surprised if Samsung would have denied it by now.

[Lizzylove1]

It will further help in creating wide awareness about cryptocurrency. Since Samsung is a well known name in the telecom industry, people won't find it difficult accepting the concept of Cryptocurrency. One thing we must watch out in all these is the security of the wallet and how vulnerable  it's to hackers. I will just stick to my old ways of doing my investment.

[HYGHtech]

Well, what do you think is the positive impact on the crypto industry, and at the same time what is the negative impact of it. It seems to me that cryptocurrency will be known because it will be use to a product by a big company and it will be on their upcoming latest phone, it will create awareness at the same time it can set aside those negative about crypto.What do you think?

Here is the link: https://www.theblockcrypto.com/2019/01/24/samsung-galaxy-s10-images-show-embedded-cryptocurrency-wallet/

Newly leaked images of Samsung’s flagship Galaxy S10 device show support for cryptocurrencies within the device. The “Samsung Blockchain KeyStore” is described as both “a secure and convenient place for your cryptocurrency” and a place to “secure and manage your blockchain private key.”
A user may import an existing wallet to transfer existing cryptocurrency. The image shows that multiple cryptocurrencies are supported, although only Ethereum is named directly. Additionally, a user may create a new cryptocurrency wallet with Samsung Blockchain KeyStore.

[coinluck43]

Well, what do you think is the positive impact on the crypto industry, and at the same time what is the negative impact of it. It seems to me that cryptocurrency will be known because it will be use to a product by a big company and it will be on their upcoming latest phone, it will create awareness at the same time it can set aside those negative about crypto.What do you think?

Here is the link: https://www.theblockcrypto.com/2019/01/24/samsung-galaxy-s10-images-show-embedded-cryptocurrency-wallet/

i think its not highly security for crypto resone android is open source oparating system .so phone haking possiblete to much
i think better pepople use hardware wallet its safe your cryptocurrency .. Hardware wallet parice not big amount its price range $100-400$

[0t3p0t]

Well, what do you think is the positive impact on the crypto industry, and at the same time what is the negative impact of it. It seems to me that cryptocurrency will be known because it will be use to a product by a big company and it will be on their upcoming latest phone, it will create awareness at the same time it can set aside those negative about crypto.What do you think?

Here is the link: https://www.theblockcrypto.com/2019/01/24/samsung-galaxy-s10-images-show-embedded-cryptocurrency-wallet/

There are two sides positive and negative. In positive it can be an advantage as there is a built in cryptocurrency wallet that serves us in a convenient way but in the negative side it can also harm our funds as we don't know how it was made or I mean the program it is using but the thing is Samsung has it's best reputation in electronic industry so I think it is reliable. So far I haven't heard something that  Samsung is involved in security issues.

[stompix]

So far I haven't heard something that  Samsung is involved in security issues.

Only a few every year with different phones:
https://blog.talosintelligence.com/2018/07/samsung-smartthings-vulns.html

The s7 was probably the most recent one where it was actually a flaw with the chip.

But, with all that I would probably trust more the Samsung wallet than an app, those are simply just too damn easy to get exploited, especially since there is now a third party involved with servers that can get hacked and malicious code injected via an app update.

[kalstarzz]

what Samsung did was a good breakthrough for many crypto users, besides what Samsung did was able to attract positive trends for crypto.

[GelaiThePom]

Yes and I want to buy one myself in the future. It’s already available here in our country but I don’t want to get one right off the bat because maybe some of the other brands such as Apple will adopt the crypto and start putting wallets on their iPhones too. I love to have such a hard coded crypto wallet on my device because I’m playing games online everyday.

[n0ne]

Samsung has made its entry into the cryptocurrency market with the production of mining chips. Next to the same with the recent launch of S10 embedded with inbuilt cryptocurrency wallets it has made its entry strong into the cryptocurrency network. Moreover once after the addition of enjin coin wallet to Samsung the coin experienced a massive price pumping.

[okala]

This is not the first time Samsung is showing it support for cryptocurrency and as the ops above have mentioned the mining equipment and chip's, if a big giant like Samsung can show this huge support and adoption of cryptocurrency to the point of it newest s10 embedded with an inbuilt crypto wallet is another ground breaking show of support by Samsung and hoping that other electronics giants will follow soon.

[agatha90]

In my opinion it's a good idea, the more promos about cryptocurrency, the more people will look good about bitcoin.

[lyks15]

It is great news. You know that samsung is one of the biggest cellular company in the world. And in their latest cellelur phone they installed crypto wallet. It such an honor for the crypto that Samsung company will support crypto. And it is a big advantage of crypto because they a famous company are supporting them and without paying any advertisement fee.

[MakeMoneyBtc]

It is great news. You know that samsung is one of the biggest cellular company in the world. And in their latest cellelur phone they installed crypto wallet. It such an honor for the crypto that Samsung company will support crypto. And it is a big advantage of crypto because they a famous company are supporting them and without paying any advertisement fee.

I dont know what to say about this but i think in the future Samsung should be proud that they have integrated bitcoin into their phones. It just remains to see when thats going to happen. There is no advertisement fee because no one would pay it since bitcoin does not have a director or something like that. Anyway, its great to see a collaboration between such a big company like Samsung and bitcoin.

[joinfree]

This initiative by Samsung is a breakthrough which is going to foster than the adoption of cryptocurrencies because we now have a phone that has an imbedded cryptocurrency wallet through which users can make payments for transactions that they make in their daily activities. Let's wait and see what Apple would bring on board this time around.

[jojohamasa]

Samsung has made its entry into the cryptocurrency market with the production of mining chips. Next to the same with the recent launch of S10 embedded with inbuilt cryptocurrency wallets it has made its entry strong into the cryptocurrency network. Moreover once after the addition of enjin coin wallet to Samsung the coin experienced a massive price pumping.

I expected this positive effect to enter Samsung
because the competing companies will enter in this field, whether in mining or wallets
when large companies and entities are entering the crypto field albeit partially will have a positive and cumulative effect.

[kamBlanV]

the positive impact is that transactions will be easy and fast. then, other smartphones will follow Samsung's innovations, so. it makes crypto more popular. the negative impact is that some primitive people will have difficulty using this technology and maybe our assets cannot be used if it is lost.

[miropp]

I don't think it would have any negative impact. On the contrary, such a well-known company as Samsung enjoys trust among people and their support for cryptocurrency can have a great impact on the development of cryptography.

[Oceat]

I don't think it would have any negative impact. On the contrary, such a well-known company as Samsung enjoys trust among people and their support for cryptocurrency can have a great impact on the development of cryptography.

You may say that but the people doesn't know who's the developer of that phone and it might be coded with something that could risk your personal life unless if it is an open source code. That's why I don't actually trust carrying a phone which is crypto coded over a normal phone.

[roosbit]

Well, what do you think is the positive impact on the crypto industry, and at the same time what is the negative impact of it. It seems to me that cryptocurrency will be known because it will be use to a product by a big company and it will be on their upcoming latest phone, it will create awareness at the same time it can set aside those negative about crypto.What do you think?

Here is the link: https://www.theblockcrypto.com/2019/01/24/samsung-galaxy-s10-images-show-embedded-cryptocurrency-wallet/

Besides the negative sentiments crypto receives... awareness is certainly on the agenda!!
And with several big companies jumping on the crypto boat, this is an opportunity served on a silver platter for companies that want to draw the crypto community towards their business and this is happening at a fast rate.

[olamidey]

Apart from the wallet showing how much of futuristic Samsung is, there are other factors such as risk and security. This could be dangerous if hacked by hackers and insider leaks. Though there are news of a Samsung coin coming to the market, this may prove that they're thinking in that direction. More acceptance to crytpo. Another wallet to the existing multiple wallets running around.