Samsung Adds Elrond Token to its Blockchain Wallet

2019-11-1 18:27

Coinspeaker
Samsung Adds Elrond Token to its Blockchain Wallet

Samsung has announced that it is expanding the range of coins available in its blockchain wallet. It has added new token Elrond (ERD) to ensure secure and faster payments using this crypto.

Samsung Galaxy S10 device is able to automatically generate a blockchain wallet for users, allowing them to store and use numerous cryptocurrencies (earlier their number was 33). This wallet is created to allow users to make transactions in cryptos and easily access DApps from their smartphones. Among many other coins, the wallet supports the major cryptocurrencies Bitcoin (BTC) and Ether (ETH).

The most recently added, as it has been mentioned above, is Elrond (ERD). The partnership is mutually beneficial as Samsung users will get easy access to the token and dApps built on the Elrond network, while Elrond will get direct exposure to Samsung’s global customer base for its development.

There were no details on which dApp it will be released but said it will be consumer app offered via the Samsung app store. The Elrond Network is a public blockchain created to provide high-level scalability, interoperability, and high throughput. It focuses on performance and usability for its blockchain network and said that it is “ready to go live with a Layer 1 solution which brings a 1,000-fold improvement over existing blockchains.”

ERD token powers the network, by providing the means to pay for transactions, dApp deployment, storage, smart contract execution and rewards to validators. The network can process 10,000 transactions per second, and a recent testnet case saw 12,000 transactions per second with just 5 shards in use. At the time of writing, according to Coinmarketcap, one ERD token is worth $0,001806, showing a growth of 18,10% within the last 24 hours.

Samsung blockchain wallet utilizes Blockchain Keystore, an open-source interface for handling cryptographic keys and certificates. Users can manage their cryptocurrency accounts, backup their holdings, engage in payments and transactions and perform digital signatures.

It’s not the first crypto-related upgrade introduced by Samsung this week. Just as it was rather predictable according to a row of factors (as for example Justin Sun’s participation in at Samsung Developer Conference), Samsung has announced that it had added support for TRON to Blockchain Keystore. Coinspeaker has already reported about it.

Samsung Adds Elrond Token to its Blockchain Wallet

Similar to Notcoin - Blum - Airdrops In 2024

origin »

High Performance Blockchain (HPB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0064459
Капитализация $0 Rank 99999
Цена в час новости $ 0.2821 (-100%)

blockchain token samsung adds elrond wallet support

Источник: coinspeaker.com

blockchain token → Результатов: 126


Фото:

Nanjing Invests $1.5B in Public Blockchain Projects and Token Economy

The capital city of Jiangsu province, Nanjing has launched a $1.5 billion blockchain investment fund to boost the token economy and public blockchain projects in China. Despite its outlawing of many aspects of the cryptocurrency industry, blockchain technology has finally received the support of the government. Consequently, almost 41 percent of all Chinese startups that

2018-7-24 00:42


VTUUR Token ICO: Blockchain Virtual Reality Mobile Streaming Platform?

At Vtuur ICO, the venture seeks to establish a mobile-based media platform that will change the way we define VR traveling and exploring. The ICO wants to give users the opportunity to allow everyone and anyone to experience the beauty of various tourist places from across the world realistically and conveniently. With the blockchain-based VR […]

2018-7-8 11:10


AIAR ABC Deep Tech (AI, Blockchain, Crypto) Blockchain MicroLearning Token Set To Launch

EdTech company AIAR has reiterated its belief that technology is capable of saving the world and its Founder, Rufus Lidman is set out to pursue this vision. When Lidman, went on volunteer missions supporting refugees outside Mosul in Iraq, his world totally changed in more than one way. He is a well-known digital strategist who […]

2018-7-8 08:57


InfraCoins Blockchain Real Estate Property Listing Launches INF Token ICO

One of the numerous application of Blockchain Technology lies in property listing for apartments, villas, hotel rooms and office spaces. InfraCoins leverages blockchain technology to assist in enabling these services to reach the threshold of transition from fiat to crypto by developing a platform focused on the practical application of smart contracts and blockchain technology […]

2018-7-7 22:21


Scienceroot ICO

Scienceroot aims to improve the scientific and research community using blockchain technology. The goal is to create an ecosystem where anyone in the scientific community around the globe will have the ability to gather funding, interact, discuss research ideas, collaborate and in the end, publish their work through a more efficient, open and transparent platform.

2018-7-6 01:30


PlayChip ICO

The PlayChip is at the centre of an incentivised, blockchain-enabled sports community and gaming ecosystem. Following the migration of the PlayChip to the blockchain, holders of the PlayChip will be able to seamlessly transfer funds between the various sites accepting the token through our revolutionary PlayWallet, through which they will also be able to buy and sell the token directly via our partnered exchange, the PlayXchange.

2018-7-5 23:48


INGOT COIN Announces they have Achieved their Soft Cap

Bitcoin Press Release: The INGOT Coin team are pleased to announce the completion of their pre token generation event receiving over $40,000,000 from 6000+ backers. 5 July 2018, LOCATION – INGOT Coin, stated that their intention is to create an unprecedented, a first-of-its-kind revolutionary ecosystem based on blockchain technology that will link newly developed crypto […] The post INGOT COIN Announces they have Achieved their Soft Cap appeared first on Bitcoin PR Buzz.

2018-7-5 15:21


BeANKH ICO

BeANKH aspired to develop an approach based on Blockchain technology to save the individual human personalities securely on a blockchain. The idea is that the decentralized storage and encryption will provide for the security of personal data, making the digital personality not only readily available, but also tamper-proof.

2018-7-3 19:57


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum (ETH) at risk as Justin Sun moves to withdraw 52,905 ETH

Ethereum (ETH) faces potential market volatility after Tron (TRON) founder Justin Sun announced his intention to withdraw 52,905 ETH, valued at around $209 million, from Lido Finance (LDO). Sun’s decision comes on the heels of a recent sell-off when Ethereum hit the $4,000 mark, raising questions about his intentions.

OKX lists VIRTUAL and SUNDOG on perpetual futures

OKX will launch of USDT perpetual contracts for Virtual Protocol’s token and Tron-based meme coin on Dec. 11 with leverage of up to 50x. In a recent notice, major crypto exchange OKX announced that it will list AI agent platform…