The newest ‘Galaxy’ smartphone from Samsung is in the latest crypto news because of one feature that every Bitcoin and cryptocurrency trader will like – storage for private cryptocurrency keys. As the official press release announcing the new flagship phone notes, Samsung has already announced the launch of its new phone today in Seoul, San Francisco and London.
Named the Samsung Knox function, the press release notes the following:
“Galaxy S10 is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services.”
Ahead of the release of the smartphone, there are other rumours pointed towards the phone’s possible configuration and support for cryptocurrency wallets and dApps. Last month, images surfaced and portrayed a “Samsung Blockchain Keystore” on the Galaxy S10. The reportedly leaked photos also featured an Ethereum (ETH) wallet option in the “supported cryptocurrencies” list.
Meanwhile, Samsung is not the only major smartphone manufacturer that has implemented crypto-related capabilities in its smartphones. In May 2018, HTC released what they called “the first native blockchain phone” – the HTC Exodus which supports Bitcoin and Ethereum blockchain networks and features Brave as its default browser.
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