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Samsung Adds Bitcoin Support to Blockchain Keystore


Crypto Currency

Samsung Adds Bitcoin Support to Blockchain Keystore

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South Korean electronics giant Samsung has added Bitcoin support to its decentralized applications (Dapps) store Blockchain Keystore.

Samsung first introduced support for Dapps in March with the launch of its latest flagship smartphone S10. However, the crypto storage and transactional support were only limited to Ether and other ERC-20 tokens.

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In addition to Bitcoin, the electronics company also added support for Klaytn, the digital currency launched by the South Korea internet giant Kakao to Keystore.

The support for the two new cryptocurrencies was added to the developer kit (SDK) for its S10 lineups (S10e, S10, S10+, and S10 5G), along with the latest Note phones – Note10 and Note10+.

The SDK allows Samsung phone users to link blockchain addresses to their Blockchain Keystore account and carry on crypto transactions, as well as backup and digital signature facilitation using the platform.

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However, for the time being, the service is limited to six jurisdictions only – South Korea, Canada, Germany, Spain, Switzerland, the United States, and the United Kingdom.

Expanding blockchain support to mobile devices

Though the blockchain support is limited only to the flagship devices, the company is expected to bring support to budget Galaxy devices as well.

Samsung is also betting big on bringing DApps support to its mobile devices. In the initial phase, the phone maker added support for crypto gaming platform Enjin, beauty community Cosmee, crypto collectibles platform CryptoKitties, and merchant payments service CoinDuck.

Earlier this month, Samsung added more than a dozen Dapps to its Blockchain Keystore, bringing the total number of supported apps to 17.

Just like Samsung, other phone makers are also slowly integrating blockchain support on mobile devices. Last month, LG filed a trademark application for an electronic wallet that can store digital currencies.

Meanwhile, Samsung also invested €2.6 million (around $2.9 million) in French crypto hardware wallet manufacturer Ledger.



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