Developments

Samsung finally adds Bitcoin support to Blockchain Keystore

South Korea’s technology giant Samsung has added Bitcoin support to its Blockchain Keystore Dapp without making any formal announcements. The update was made on the 8th of August, but was brought to the attention of cryptocurrency traders by a Reddit user, ThatOfficeMaxGuy.

This comes five months after Samsung launched its S10 series which now has a decentralized application, known as Blockchain KeyStore. The Blockchain Keystore was initially launched in July but could only support currencies like ETH and other ERC-20 tokens. When the tech giant first announced that it was launching the blockchain smartphones, Bitcoin users were dismayed by the fact that Samsung had failed to include the favorite coin in its plans.

Other Samsung devices that have the ‘blockchain Keystore’ include the Note 10 and Note 10+. The devices are, however, only available in six countries, including the united states, United Kingdom, Germany, Spain, Canada, Switzerland, and South Korea. Though the Blockchain is only currently available to flagship devices, Samsung has put in place plans to add the blockchain functionalities to other budget phones like the galaxy brand.

The Software Development Kit (SDK) which has the Blockchain Keystore allows for account management, making payments and for facilitating the digital signing of transactions.

According to Samsung’s developer’s website, their SDK will also support Klay, a native cryptocurrency developed by Kakao. Together with the newly added BTC and Klay, Samsung’s Keystore now lists 17 decentralized applications. Samsung is also developing its own Ethereum-based Blockchain with the ultimate goal of releasing its token. 

Another big smartphone company that has released a Blockchain smartphone so far is HTC, which is based in Taiwan which launched the Exodus smartphone on the 23rd of October 2018. LG, which is also a tech giant, did file a trademark application last month for a cryptocurrency wallet. The move by huge tech companies to integrate crypto usage on their smartphones will have a positive and significant impact on the adoption of cryptocurrencies. 

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coinmag

Daniel is an experienced writer with a keen eye on emerging technologies. He aims at educating the crypto community on the developments within the space.

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