Samsung Unveils Galaxy S10 dApps, Believed to Save the Dwindling Crypto Market

2019-3-11 18:03

CoinSpeaker
Samsung Unveils Galaxy S10 dApps, Believed to Save the Dwindling Crypto Market

Samsung Electronics always strives to offer its users the best new features that revolutionize the mobile world today. In that connection, we published that their new Galaxy S10 and S10+ devices have built-in crypto support. Over the weekend, the company revealed the cryptocurrency wallet installed in its just-launched flagship phone, the Galaxy S10. According to a March 10 report, the Samsung Blockchain Wallet is currently compatible only with ETH and ERC20 tokens.

Although Bitcoin’s logo appears on earlier pre-release presentation images, it is not yet supported. The wallet will also support four decentralized apps (dapps) at launch. These apps include beauty community Cosmee, merchant payments service CoinDuck, crypto gaming platform Enjin, and crypto collectibles platform CryptoKitties. Only Galaxy S10 phones users can download the wallet app from the Samsung Galaxy Store.

The company also added that it plans to launch the service to more cryptocurrencies and devices in the future. This device officially started shipping from pre-order sales on March 8. This news comes weeks after Samsung confirmed that it would offer private cryptocurrency key storage supported on the S10 range.

Later, the firm published a preview of the storage solution dubbed the “Blockchain Keystore.” The solution has three brad features that include digital signatures, payments to merchants, and cryptocurrency storage and transfers. The Samsung Blockchain Wallet is designed to simplify the transactions process for novices to the technology.

As we noted earlier, Samsung appointed Enjin to back its Galaxy S10 Blockchain wallet. Enjin ranks among the leading protocols in the blockchain-based gaming landscape that enables developers to efficiently deploy technology-based games. It supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and ERC-20, ERC-721, and ERC-1155 tokens

dApps Details

It is possible for users to make payments to merchants using the supported CoinDuck dapp. Using this dapp, customers can enter the amount they want to send and scan a QR code. The code provides an online or offline merchant wallet address. After scanning, users can then press the “accept” button to make the payment via the Samsung Wallet.

In that connection, CoinDuck’s parent company, Chain Partners, stated:

“It was inconvenient to copy the address of the merchant’s wallet and paste it into the personal wallet. We have dramatically improved the usability of CoinDuck and Samsung Blockchain Wallet.”

Samsung has selected various dapps to operate on the new Galaxy S10. As we published last month, the company selected COSMEE as its first dapp partner. COSMEE is a blockchain-based beauty social media platform. CEO Howon Song commented via Cosmochain’s official social media channel:

“Samsung Electronics’ blockchain team has long been looking for a widely-used dApp service, and so it was possible for COSMEE to be selected as a partner”.

Growth Prospects

Despite the low number of decentralized applications available on the new Samsung crypto solution, some commentators think that the new developments may revitalize languishing crypto markets. The CEO of Coinduck, Shin Min-sub, believes that the crypto market will surge with the widespread adoption of crypto solutions in many other Smartphones. He added that:

“Many are still pessimistic on the highly volatile crypto coins, but things could change in a blink of an eye once coins pegged to Korean won or US dollars and crypto payments via flagship smartphones like the Galaxy S10 become more available for crypto coin solutions like Coinduck.”

Coinduck lets users buy a cup of coffee, shop for groceries, and also pay fees for ski equipment rental. Thus, the new crypto wallet service firm expects to expand to wider areas while partnering with Samsung. The mobile firm plans to integrate cryptocurrency for its users via Samsung Pay as we reported earlier.

Samsung Unveils Galaxy S10 dApps, Believed to Save the Dwindling Crypto Market

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Emerald Crypto (EMD) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 4.67 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0049889 (-100%)

crypto save dwindling samsung market unveils galaxy

Источник: coinspeaker.com

crypto save → Результатов: 68


Фото:

Don’t Count Facebook’s Crypto Or JPM Coin Out, They Could Boost Bitcoin

At long last, incumbent corporations of legacy industries have begun to delve into cryptocurrencies, not just blockchain technologies. While Bitcoin (BTC) has continued to struggle, save for its relatively stellar performance over February, Wall Street darling JP Morgan and Silicon Valley’s Facebook have announced serious intentions to offer their own digital assets.

2019-3-3 00:00


$10,000 Bitcoin Value Reachable with the Billions in Fiat Currency One CEO Says is “Already Onboarded to Crypto”

In 2018, the crypto industry saw the exit of millions and potentially billions of dollars, as various projects dumped their crypto earnings from ICOs and replaced them with fiat currency. Even the everyday investors ended up liquidating their funds, hoping to save themselves from crypto destruction. At the same time, there are plenty of people […]

2019-2-20 07:06


Фото:

Fundstrat: Bitcoin Fundamentals “Should” Turn Positive Over 2019

While 2018’s lethargic crypto market crawl has continued into early-2019, save for Friday’s sudden buy-side influx, analysts have begun to express optimism. Case in point, Fundstrat Global Advisors, a New York-headquartered investment advisory outfit, expressed why the outlook for Bitcoin and other cryptocurrencies could improve over 2019.

2019-2-10 03:00


JP Morgan Analyst Calls For Wall Street Foray As Bitcoin (BTC) Stabilizes At $3,400

JP Morgan Low Bitcoin Volatility  JP Morgan has become an unpopular name in the crypto industry as of late. Per previous reports from Ethereum World News, a recent research paper released by the New York City-headquartered firm claims that its analysts have “long been skeptical” of the inherent value of cryptocurrencies in nearly all environments, save […] The post JP Morgan Analyst Calls For Wall Street Foray As Bitcoin (BTC) Stabilizes At $3,400 appeared first on Ethereum World News.

2019-2-7 06:00


WinWinCoin ICO

WinWinCoin gambling solution with decentralized Jackpot What do we offer? As mentioned above, we have a full understanding of current problems in the gambling industry and that is why we offer an effective solution in the form of decentralized anonymous currency WinWinCoin which will save players from limits, fees, make money transfers faster and all wallets and transactions anonymous which will allow avoid territorial and legislative restrictions.

2019-1-5 21:09


Фото:

Can A Blockchain Save Endangered Species?

Cryptocurrency isn’t known for being environmentally friendly (well, not Proof of Work mechanisms like Bitcoin), but a new blockchain project could help save endangered species—at a discount. The Newton Project, which seeks to replace centralized intermediaries with trustless markets, has announced plans plans to help fight animal poaching with the help of blockchain-based monitoring devices.

2018-12-20 02:04


Фото:

The SEC Got DJ Khaled And Floyd Mayweather: Next In Line…

MISTADOBALINA /  Del Tha Funkee Homosapien   Mista Dobalina, Mista Ian Dobalina Mista Dobalina, Mista Ian Dobalina Mista Dobalina, won’t you quit? You really make me sick with ya fraudulent behavior You’re gonna make me flip and then an army couldn’t save ya Why don’t you behave ya little rugrat? Take a little tip from […] The post The SEC Got DJ Khaled And Floyd Mayweather: Next In Line… appeared first on Crypto Briefing.

2018-12-6 00:31


Фото:

VeChainThor Could Save Lives In China With New Vaccine Tracking System, VET Up 40%

This is news that has had a real impact on VET, the native currency to the VeChainThor project. At the time of writing, VET is valued at $0. 014, up 41. 39%. In China, there is currently a huge issue with the vaccine supply chain and as a result, many people end up with the wrong vaccinations, or no vaccinations at all, against diseases that have proven to be deadly.

2018-8-19 23:00


дальше еще 19 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Electroneum запускает смартфон для криптомайнинга стоимостью $80

Стартап Electroneum, похоже, решил на фоне всеобщей шумихи вокруг предстоящего запуска нового флагмана Samsung S10, объявить о выпуске собственного смартфона. Однако, данное устройство предназначено не для хранения, а для майнинга криптовалют.

Rumor: Enjin Will Power Samsung S10’s Blockchain Wallet

Enjin, the Singapore-based information-technology company, runs one of the largest gaming community platforms and has multiple blockchain products. Reportedly,… The post Rumor: Enjin Will Power Samsung S10’s Blockchain Wallet appeared first on Invest In Blockchain.