RATE Group | Why Samsung Plans to Integrate Crypto Cold Storage in its S10 Series
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Why Samsung Plans to Integrate Crypto Cold Storage in its S10 Series

13 Dec Why Samsung Plans to Integrate Crypto Cold Storage in its S10 Series

Posted at 04:55h in Cryptocurrency News by

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samsung galaxy s cryptocurrency crypto

According to SamMobile, the biggest online Samsung community, the electronics giant is planning to integrate a cold wallet system into its upcoming Galaxy 10.

Adnan Farooqui, the senior executive editor at SamMobile, wrote:

“After hearing about the trademarks for Samsung’s blockchain and cryptocurrency software, we decided to dig around a little deeper. We can confirm that the company is indeed developing one and that it may be launched with the Galaxy S10.”

Reasons Behind Crypto Wallet Integration

Since early 2018, Samsung, the largest conglomerate in South Korea that has dominance over many of the country’s major sectors including insurance, online payment, asset management, car manufacturing, electronics, and property development, has demonstrated its interest towards the cryptocurrency sector.

Dissimilar to other conglomerates in the local market, Samsung entered the cryptocurrency sector with a venture focused on Bitcoin mining, creating mining equipment from…

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