Crypto and Blockchain Smartphones Will be The Next Big Thing

2018-12-14 13:00

This week the crypto-sphere has been awash with talk about Samsung and its next generation flagship phone coming loaded with crypto goodies. While the company itself has dismissed the story according to reports, rivals are shipping out products that will no doubt keep Samsung on its toes.

Samsung Rumors Aplenty

The hype was instigated by a Samsung community website which ran a story on crypto cold storage functionality being included on the Galaxy S10. According to SamMobile which ran an exclusive a few days ago;

“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.”

The story went on to tout a number of features such as a cold wallet for storing crypto, signing of public and private keys, and a wallet for transfers and viewing transaction history. The story was syndicated across the crypto media web building a level of hype akin to that when Facebook was rumored to be delving into digital coins. Even crypto warlord John McAfee commented;

“Has Samsung ever made a strategic miscalculation? I think not. Crypto is not just here to stay. It is taking over. Listen market — you damn well better keep up.”

Contrary reports on Cointelegraph claimed that Samsung has refuted the story labeling it as ‘speculation’. “Unfortunately we are unable to provide any information as the below is rumor and speculation,” the South Korean tech giant reportedly said.

The fact is that Samsung has filed for several blockchain and crypto related patents including those regarding storage and cold wallets, so putting two and two together SamMobile garnered a lot of traffic for itself.

The company is remaining tight lipped but the launch of a blockchain powered smartphone with cryptocurrency transaction capabilities is only a matter of time. The two technologies go hand in hand – making micro-payments instantly while on the move would be better with a dedicated smartphone than a clunky laptop.

Rival phone maker HTC is already on the ball with the launch of its Exodus 1 blockchain phone this week. Reviews are already hitting the web and it was announced that the device would come preloaded with the Brave decentralized browser that is powered by the BAT token which has recently been listed on Coinbase Pro.

From a hardware perspective the device is very similar to those from rivals, but it functions as a node on HTC’s own blockchain to enable the running of dApps and allow fee free cryptocurrency transactions.  The Exodus 1 also comes pre-loaded with a raft of security features and crypto storage facilities.

It is without a doubt that Samsung are working on something similar even if they are being coy about it right now. While these crypto-phones may just be something out of a cypherpunk’s dream, they are the pioneers today of what is likely to be commonplace in the not too distant future.

Image from Shutterstock

The post Crypto and Blockchain Smartphones Will be The Next Big Thing appeared first on NewsBTC.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Next.exchange Token (NEXT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 NEXT

next crypto samsung big blockchain thing smartphones

next crypto → Результатов: 126


Initial Exchange Offerings (IEOs): The Next Disruptive Force in the Crypto Space?

Coinspeaker Initial Exchange Offerings (IEOs): The Next Disruptive Force in the Crypto Space?In this post, by blockchain expert and professional tech researcher Gregory S Mathew, you’ll find what Initial Exchange Offering (IEO) is, how it differs from ICO and why this new fundraising model is widely considered to be crypto industry's next disrupter.

2019-6-1 15:26


Interview: Stephen Innes Says Crypto, Bitcoin to “Grind Higher” Over Next Decade

Just two weeks ago, “cross-asset trader” Stephen Innes, head of Pacific-Asia trading at Oanda, took to Bloomberg TV to convey his thoughts on late-2018’s crypto market tumult. After his short guest appearance on the network, he was quickly classified as a Bitcoin (BTC) bear, due to his expectation that the popular digital asset could fall below $2,500.

2018-12-12 15:00


Bitcoin Hodlers and Cryptocurrency Investors See Year Long Reality Check, but What’s Next?

Everybody knows that 2018 was a hard year for cryptos. However, some people are affirming that it was not essentially a bad one. Most traders and businessmen would disagree, of course, but a new article published by NewsBTC calls the bear market a “reality check” and affirms that there is something good for the crypto […]

2018-12-11 00:59


Bloomberg Analyst Says Bitcoin in 2019 Will Have Another Tough Year After Spreading More Crypto FUD

Cryptocurrencies have been in a bear market since the beginning of the current year and analysts and enthusiasts are expecting the next year to be better for the space. Indeed, there are many experts that believe that the next year is going to be very positive for virtual currencies, including Bitcoin. Nevertheless, there are some […]

2018-12-10 22:01


Фото:

KBX Token – a Cryptocurrency Exchange for Investors in Africa

The world is moving fast into digital assets, and crypto currencies are the next big serious investments for anyone looking to make sustainable returns and profits with their investments. Which is the reason why hyper growth economies like Africa, the continent that the world is turning to, for the next phase of global growth, needs […] The post KBX Token – a Cryptocurrency Exchange for Investors in Africa appeared first on NullTX.

2018-12-8 00:36


R3 Announces Global Payment App With XRP as Base Currency

R3 has unveiled a new app on their international blockchain, a global payment platform that uses Ripple’s XRP as its initial base currency. The app, dubbed Corda Settler, continues R3’s track record for pursuing  ambitious blockchain projects, and it is allegedly “purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems, both traditional and blockchain-based.

2018-12-6 01:54


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