Crypto Phone to be Launched by Samsung: What You Need to Know

Around a year ago, the notion of a crypto phone would have seemed like something out of a futuristic blog post, but it seems that this is no longer the case. If there is one thing that cannot be denied with regards to cryptocurrencies is that they are here to stay, and the world is now sitting up and taking notice.

Last year, banking giant JP Morgan (NYSE:JPM) issued its own cryptocurrency, and more and more giant corporations are now getting into the market in a big way. In a new development, it has emerged that South Korean electronics behemoth Samsung (OTC:SSNLF) has decided to not only issue its own cryptocurrency but has also developed a phone that is going to support a crypto wallet.

The latest development from Samsung was reported by one of the leading financial papers in the world. According to sources inside the company, Samsung’s new Galaxy Note 10 smartphone is going to be equipped with a cryptocurrency wallet. However, that’s not all. The company is also going to give away its own cryptocurrency for free in those wallets. The name of the crypto phone is part of the Klaytn edition, and the blockchain network is known as Kakao.

>> Elliptic, A Crypto Forensic Startup, Raises $23 Million USD

This is a major step for Samsung, which has lagged behind the biggest smartphone brands in the world and could help the company in attracting millions of new customers who would want their cryptocurrencies in their phone wallet. That being said, it is important to note that the crypto phone is not going to go on sale worldwide straightaway. According to the company, the phone will be first sold in Samsung’s local market in South Korea. Samsung refused to comment on speculation but the news that the Korean electronics giant has been working on a crypto phone first surfaced back in March this year.

Featured image: DepositPhotos © Mactrunk

Will You Seize Crypto Wealth?... or Let it Pass you by?

The Crypto Education that is Worth More than a College Degree

Can you profit during a Market Correction? Yes!

The Solution to the Volatility Problem in Crypto is This

1 comments
  • TittysBuclido

    XRumer 19.0 + XEvil 4.0: innovative software complex for breaking any Captcha 1. Powerful Neuronets: XEvil OCR can solve more than 12000 of different types of Captcha's, including such of popular, like Google CAPTCHA's ReCaptcha v2, v3 (in XEvil 4.0 Ultra only!), Captcha.Com, SolveMedia, Bing-Captcha, Facebook-captcha and Bitfinex-captcha, Yandex-captcha, DLE-captcha, VBulletin-Captcha, and a lot of other types! 2. Very High speed and precision: recognition speed 0.01 .. 0.02 second per image (but only 1 second in DEMO version!), XEvil can bypass and solve wide types spectre of captcha with high precision, without depending of difficulty, distortion, noises, fonts, colors. 3. Very simple UI: just 3 main buttons to start recognition, so XEvil easily to use with a wide spectre programs of SEO, SMM, Analytics, Mass Auto-Registering/Posting/Sending/Bruteforcing/CryptoCurrency Mining programs. Interested? ;) Just do search in google "XEvil for Free".

    Reply
Post a Comment
Your email address will not be published. Required fields are marked*