RATE Group | Samsung Bitcoin App In Works With Ability to Import Cryptocurrencies: Report
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Samsung Bitcoin App In Works With Ability to Import Cryptocurrencies: Report

12 Dec Samsung Bitcoin App In Works With Ability to Import Cryptocurrencies: Report

Posted at 08:23h in Bitcoin News by

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Samsung is reportedly building a Bitcoin app that could come with a cold wallet to save cryptocurrencies. The uniquely designed Bitcoin app that is rumoured as the Samsung Bitcoin app could come preloaded on the Samsung Galaxy S10 flagship next year. It is also said to have a dedicated crypto wallet to let users view all their account information and transaction history as well as transfer cryptocurrencies. On the security front, the app is reported to use PIN and fingerprint as the options to secure its operations.

Unlike many other Bitcoin apps, Samsung’s cryptocurrency solution will have two major parts, reports SamMobile. One part of the app will be the cold wallet to let users save their Bitcoin and other cryptocurrencies, public and private keys, and sign private keys for cryptocurrency transactions. A traditional cold wallet notably offers an offline cryptocurrency storing space. In contrast, its second part is said to be available as a crypto wallet to enable transfers as…

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