Samsung is Adding Cryptocurrency Wallet to its Budget Phones

[bassbity]

But are there people who use Samsung phones as storing crypto assets?
is it very practical and uncomplicated, please give input to those who have tried it because if it's easy I will use it.

[KryptoKai]

Ethereum has the biggest offering of all platforms and is the king of altcoins. It makes sense to add ethereum as it offers more functionality as a wallet than just holding bitcoins. Good that they are adding it to budget phones too

[rdewilde]

This is great, the crypto space keeps getting the right attention owing to the fact the underlying technology as well as its potentials is hard to resist. One thing is sure, sooner than later more big players will join and part of what blockchain offers. Blockchain has indeed come to stay.

[Eildosa]

It is very good that such large companies support crypto and show interest in it. This will definitely have a very positive impact on the development of crypto.

[whirlcoin]

The South Korean technology corporation Samsung announced its intention to build in a cryptocurrency wallet in a line of new budget smartphones, based on a prototype of Galaxy S10. The conglomerate has been actively popularizing blockchain and doesn’t seem to be stopping.

The Galaxy S10 smartphone, which works with cryptocurrency, became available for purchase in March this year. The electronics giant has chosen to support Ethereum (ETH) from all other digital currencies, leaving Bitcoin out of the game. The Samsung team revealed that other cryptos will be added in the future as well. However, it is unknown yet, whether it will add Bitcoin support to their new budget models.

https://coinidol.com/samsung-adding-cryptocurrency/

It's really a good news because they can only make the people to encourage the investment cryptocurrency field especially this type of companies will always giving the trust for the people to do the best job and I think it will works in the future.

[powerman24]

It is a good move from Samsung to add crypto wallet to their budget phones  as S10 is the newest model and the crypto wallet is added only for certain countries and not for all countries. So, with that move they will reach wider range of their customers.

[stfN2128]

It's good to see such an adoption on big companies. but i don't get the reason behind supporting ether instead of bitcoin at the beginning? i mean bitcoin is the number one crypto and adoption of bitcoin is much more than ethereum at the moment...

[X-ray]

But are there people who use Samsung phones as storing crypto assets?
is it very practical and uncomplicated, please give input to those who have tried it because if it's easy I will use it.

It's easy just like when you are using any other software wallet. But remember i thought that was only available for ethereum and ethereum asset only and samsung wallet is ont yet supported any other crypto like bitcoin and another coin. FYI i used galaxy s10+ right now dude.

[axel2078]

Those saying bad words about the crypto space, I wonder how they will feel now. The sincere truth is, blockchain is just getting started and with time many platforms, sectors or systems will be left with no choice than to leverage blockchain and its features.
Can't wait to see the Samsung smartphones.

[kickdapa]

Though this is old news but yet thank you for sharing! Samsung seems very interested in the cryptocurrency market! Last year Samsung took payment through crypto-currency from a specific country and they already released a crypto wallet where 15 potential coins are lives! So, this is a new milestone!

[BlackFor3st]

This is another improvement of crypto currencies, not only for Ethereum but for the whole currencies out there especially those who have a potential. I wonder also why Samsung has chosen to support Ethereum from all other digital currencies.

Though we know that Bitcoin is the mother of all crypto currencies, I wonder if they are worried about the bitcoin price as ethereum is more cheap compare to bitcoin right now. But I am sure that they will consider bitcoin upon adding additional crypto currencies in the future because there is no reason for them to leave behind bitcoin unless they didn't like it from the start.

[lyks15]

Samsung company are continue to support crypto and it is good in to crypto industry and it is more than on paid advertisement. But if we think and analized why that company are giving too much support from crypto? I think they have a plan to create their own coin or crypto. And they only doing step like installing crypto wallet in their mobile phone as publicity.

[rosezionjohn]

I like this news because it may increase new cryptocurrency users/traders/investors.

I remember there was some news about partnership with enjin wallet. What happened to that? Or was it just a rumor meant to pump the ENJ price?

[Fluxtorrence9]

This is great idea for crypto on general,if Samsung did start creating wallets on budgets phone this will make crypto reach milestones and become more popular ,I'm totally in support of these move ,hope other mobile companies take same move

[bitc0000]

News like this means a lot to the blockchain space, this is because it shows that actually blockchain is on the right path despite all that have been said about it.
With Samsung taking this leap, others will soon join as they won't like the case scenario where they will lose out in the future.

[Lagonda]

Though Samsung is a master of marketing, I believe this action will positively contribute a lot on cryptocurreny's growth.

This is another improvement of crypto currencies, not only for Ethereum but for the whole currencies out there especially those who have a potential. I wonder also why Samsung has chosen to support Ethereum from all other digital currencies.

At first, I predicted Samsung would support a South Korean coin but Ethereum maybe their appropriate choice for its large ecosystem as well as fan base. Besides, building a built-in ERC-20 wallet is somehow technically easier, I think.

[irixo10]

Since this year many platforms or systems has been getting involved with blockchain technology, now with Samsung is a huge addition, as most people can be able to know what blockchain is all about thus participating and being part of an environment of growth and transformation.

[SaRmY]

Well, it's understandable because they need to expand the range. Although I do not think that this option will be popular in budget phones. And for her, we still pay to pay.

[jak3]

I think this is foolishness as these companies don't even understand crypto they just picking interest as it is profitable to them, I hate when someone or any company take steps like this. they can't even improve their phone launcher and they were dreaming of adding cryptocurrency wallet in their phone. I mean there is already plenty of bloatware apps which is slowing down the budget phones.

[Chuky92]

Blockchain adoption going mainstream gradually; although many platforms are yet to adopt blockchain and cryptocurrencies into their payment systems, but with Samsung taking this path, more will come to understand the benefits and potentials within blockchain.