Samsung Might Launch Crypto-Wallet in Mobile World Congress

Tajammul Pangarkar
Tajammul Pangarkar

Updated · Jan 24, 2019

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Multiple sources and leaks already confirm that Samsung is going to launch Galaxy S10 in the Mobile World Congress next month. But according to recent leaks, Samsung is planning to launch a Crypto based wallet service along with the Galaxy S10 smartphones. According to the image posted by a Twitter user, it is evident that the Samsung will ship devices installed with “Blockchain KeyStore” wallet. The wallet will support multiple Cryptocurrencies, and the users can quickly import the currencies from other wallets to Blockchain Keystore app.

Few other sources claim that the company is going to add Bitcoin, Bitcoin Cash, Ethereum based token in this app. As per the image, only the Ethereum with trading code ETH is support for transactions as of now. The Cryptowallet would be a secure wallet with no access to anyone from the Samsung. So, in case of any mishap, the only way to recover the wallet is to use the recovery phrase users set while creating the account. If that’s not what you have, then you’ll permanently lose access to the Blockchain Keystore app and the currencies stored in it. As secondary security options, the app will support PIN lock and the fingerprint verification.

Famous Concept Designer Ben Geskin posted the same on his Twitter account the picture of this Crypto wallet. The picture shows the main page of installation, and another picture shows the Currency setup feature. It’s been reported by many of the experts in the industry that Samsung might be working a P2P crypto-wallet, but no one knew when it’s hitting the app store. Now with these images, it is virtually confirmed, and we can soon be able to use this on our smartphones although there is no information available if it will only work on Samsung smartphones or will work on every other Android device.

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Tajammul Pangarkar

Tajammul Pangarkar

Tajammul Pangarkar is a CMO at Prudour Pvt Ltd. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and raising general awareness of technical know-how. He frequently contributes to numerous industry-specific magazines and forums. When he’s not ruminating about various happenings in the tech world, he can usually be found indulging in his next favorite interest - table tennis.