After Galaxy S10, next is Samsung Coin?

[ccsang]

Samsung Coin? Electronics Giant Secretly Tests Ethereum Blockchain

ccn also published an article about samsung coin
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.

[Erickan]

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.

[kaya11]

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.

[Simple_Plan]

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?

[poodle63]

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

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.

[harrypotpot]

Coindesk published a REPORT 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.

Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid – that is, a combination of public and private blockchains.

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.

[NavI_027]

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.

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.

[Amalker]

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.

[Baofeng]

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.

[Mpamaegbu]

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.

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.

[april08]

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.

[corrado25]

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

[ttcsalam]

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.    

[Gabteb]

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.

[2Kool4Skewl]

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.

[clonely]

Coindesk published a REPORT 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.

Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid – that is, a combination of public and private blockchains.

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.

[yesyes18]

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.

[baigreen]

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.

[globetrotter43]

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.

[Jpt]

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.