Big Crypto News from Samsung

in bitcoin •  6 years ago 

Some might even say huge news.

Long rumored, and finally confirmed today, Samsung’s newest line of phones, the Galaxy S10, will support secure storage for cryptocurrency private keys.

Samsung is a huge company, raking in $225 billion in sales in 2018.

Roughly a month ago it was leaked with photos of the S10 that showed a “Blockchain Keystore.”

Per Samsung’s 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.”

The details on how exactly Samsung’s private key solution will work are sparse at the moment.

What’s for certain is that Samsung reaches a wide audience.

Samsung ships over 280 million smart phone units annually.

And it’s another step toward wide spread crypto adoption.


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im going to get one of those

i'm thinking about that as well... i have the galaxy 8 and like it for the most part

this is great news for crypto enthusiasts and alike

this is more than smart...... it is the future

This post has received a 4.57 % upvote from @boomerang.