Big news are coming from the South Korean tech conglomerate Samsung and its offices in Seoul. According to updated information which can be seen on the Samsung Developers website, Samsung just added Bitcoin support in the Keystore as well as Klaytn, the cryptocurrency which was released by the Korean internet giant Kakao.
The site outlines that Samsung’s Blockchain Keystore is supported by six of its devices which include the Galaxy S10e, S10, S10+, S10 5G, Note10 and Note10+ smartphones – and across six jurisdictions including Canada, Germany, South Korea, Spain, Switzerland, the United States and the United Kingdom.
The coming altcoin news show that besides Bitcoin, Klaytn is supported too. Released in July this year, the Samsung Keystore has been part of the blockchain and decentralized application (DApp) Software Development Kit (SDK) that Samsung announced – and described as one which will provide account management as well as backup, payment and digital signature facilitation.
Initially, the Keystore had only supported the Ethereum blockchain. However, earlier this month, Samsung expanded the SDK with two new services which include an AI-powered digital analytics DApp called “Jupiter” as well as a QR code based peer to peer wallet named “Mars”. Now that Samsung just added Bitcoin support to its Keystore, things are moving smoothly and it seems like all of these services will be integrated into the Galaxy S10 and newer versions of the Samsung flagship smartphones.
Many best cryptocurrency news sites show that besides the news that Samsung just added Bitcoin and Klaytn support, the Taiwanese consumer electronics giant HTC also launched a blockchain-powered smartphone last year, named “Exodus” (released in fall 2018).
Meanwhile, another competitor in the altcoin news is the Israeli blockchain startup Sirin Labs which launched its Finney blockchain smartphone too in the winter of 2018. However, the plans of the company had to be laid off for a quarter during the 2018/19 cryptocurrency bear market.
The latest cryptocurrency news today show that Bitcoin is taking a beating and is trading at $10,566 with a 6% decline on the day. The market cap has similarly fell to $279 billion and the BTC dominance has slumped to 67.6%. This obviously gives room to many altcoins to shine and post gains.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]