Samsung unveiled details about cryptocurrency wallet included on new Galaxy S10 smartphones, at Mobile World Congress (MWC)

Briefing

Samsung unveiled details about cryptocurrency wallet included on new Galaxy S10 smartphones, at Mobile World Congress (MWC)

March 25, 2019

Briefing

  • Smartphone-Based Crypto Wallet – Samsung confirmed at Mobile World Congress on February 21, 2019 that new Galaxy S10 phones will have their own cryptocurrency wallet
  • Ether-Based – Will support cryptocurrencies Ether and Ethereum-based ERC20 tokens, such as Basic Attention Token, TrueUSD, Binance Coin, USD Coin, Paxos Standard, Chainlink, Maker, and Augur
  • Decentralized Apps – Can also host decentralized apps (dApps), such as crypto gaming platform Enjin, beauty community Cosmee, crypto collectibles platform CryptoKitties and merchant payments service CoinDuck
  • Security – Proprietary security platform Samsung Knox stores private keys to crypto wallet on hardware of mobile device
  • Backup – If phone is lost or stolen, private keys on device can be remotely deleted with Find My Mobile service, and keys can be restored when accidentally deleted

Accelerator

Sector

Consumer Durables, Information Technology

Organization

Samsung

Source

Original Publication Date

February 28, 2019

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