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Rumors: Samsung develops its own Blockchain – Coming soon to the Samsung Coin?

the The electronics manufacturer Samsung plans to Report according to its own Blockchain. Also a Token to emit the South Koreans. According to the crypto-Walle

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Rumors: Samsung develops its own Blockchain – Coming soon to the Samsung Coin?
the The electronics manufacturer Samsung plans to Report according to its own Blockchain. Also a Token to emit the South Koreans. According to the crypto-Wallet in the latest Smartphone flagship S10, Samsung seems to have its Blockchain-strategy.

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24. April 2019BTC$5.464,00 -1.69%part Facebook Twitter LinkedIn xing mail

The Emission of Coins and tokens is for Tech companies becoming more and more attractive. After Facebook had already announced the end of 2018, to want a Stable Coin for WhatsApp, sound from the house of Samsung is now similar tones.

As the industry magazine CoinDesk Korea reported, is working with a Task Force already working on the development of a Blockchain, to build on Ethereum. Here, the Medium refers to a particular not-called inside source, claiming to be with the internal procedures familiar.

CoinDesk quoted the Insider as follows:

Currently, we draw a private Blockchain into consideration. But this is not yet confirmed. It could also be in the future, a public Blockchain, but I think it will be a hybrid – that is, a combination of public and private Blockchains.

The specific design of the project, therefore, is still completely open.

Samsung Coin as a logical consequence of

The development of a Blockchain, it could be seen as a preparation for the Launch of a separate Coin or Token. If this is actually based on Ethereum-that would be expected of a ERC20-Token.

The message comes after a series of Reports on the market entry of the South Korean electronics manufacturer in the Blockchain sector. Thus, the Integration of a Blockchain Wallet in the Samsung Galaxy S10 hit high waves. Finally, Samsung was the first Smartphone producer, the customers are enabled to Store the Token on the Smartphone.

unlike originally assumed, S10 users will be able to keep so far, however, only Ether and ERC20-Token on the device and remote Apps such as Cosmee. Bitcoin does not support the Blockchain Wallet so far.

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