Samsung Teams With Banks, Telcos for Mobile ID Network Based on Blockchain

Tech giant Samsung Electronics is joining six other major South Korean firms to develop a blockchain-based certificate and ID authentication network. Announced on Sunday and reported by CoinDesk Korea, the other founding firms include mobile carriers SK Telecom, LG Yuplus and KT, two banks – KEB Han and Wooriand – and government-founded securities infrastructure provider […]

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Budget Samsung Galaxy Phones Pack Wallet in Major Crypto Adoption Boost

By CCN: In February, Samsung Electronics officially announced the integration of a crypto wallet into its flagship Galaxy S10 model in the form of “Samsung Blockchain Wallet,” enabling users to store Ethereum-based ERC20 tokens. Samsung Blockchain Keystore App (Source: Hankyoreh/CoindeskKorea) According to local publications, Samsung is planning to integrate its crypto asset wallet into other […]

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Samsung Invests $2.9 Million in Crypto Hardware Startup Ledger

South Korean technology giant Samsung has invested 2.6 million euros ($2.9 million) into crypto hardware startup Ledger. The investment gives the startup a valuation of roughly $290 million, French business magazine Capital reported Wednesday. A spokesperson for Ledger confirmed that Samsung backed the startup, but could not confirm further details. A Samsung representative did not respond to […]

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Samsung Coin? Electronics Giant Secretly Tests Ethereum (ERC20) Token

By CCN.com: According to CoindeskKorea, a crypto publication operated by mainstream media outlet Hankyoreh, Samsung Electronics is reportedly developing an Ethereum-based ERC20 token and is currently in the process of creating a mainnet. A source of the publication within Samsung Electronics said that the blockchain task force of the company has already tested several versions […]

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Samsung Pay Will Integrate Cryptocurrencies for 10 Million Users: Report

Even before the official announcement of Samsung Electronics on the launch of the Samsung Blockchain Wallet, local publications speculated that Samsung Pay could be behind the high-profile crypto integration for the Galaxy S10. If Samsung Pay is Behind the Crypto Integration, it May Be Crucial For Real Adoption On January 29, The Korea Herald reported […]

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