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New Samsung Galaxy S10 Includes Cryptocurrency Key Storage

Cointelegraph | By Aaron Wood | Feb 20, 2019

samsung s10 and crypto - New Samsung Galaxy S10 Includes Cryptocurrency Key StorageThe new Samsung smartphone, the Galaxy S10, will include storage for private cryptocurrency keys, according to an official press release on Feb. 20.

Samsung announced the launch of its new phone today in Seoul, San Francisco and London, which includes the Samsung Knox function. Per the press release:

“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.”

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Ahead of the S10’s release, rumors abounded regarding the phone’s possible configuration and support for cryptocurrency wallets and DApps. Last month, images surfaced that allegedly portrayed a “Samsung Blockchain Keystore” on the Galaxy S10. The reportedly leaked photos featured an Ethereum (ETH) wallet option in the “supported cryptocurrencies” list. No such wallet was mentioned in today’s press release.

Samsung is not the only major smartphone producer to have implemented crypto-related capabilities into smartphones. In May last year, Consumer electronics corporation HTC has unveiled “the first native blockchain phone,” HTC Exodus, which will launch with support for multiple blockchains, including Bitcoin (BTC) and Ethereum networks and features Brave as its default browser.

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NCFA Jan 2018 resize - New Samsung Galaxy S10 Includes Cryptocurrency Key Storage The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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