The rumors are true! Samsung confirms S10 will include crypto key storage

21 Feb, 2019 | Updated: 21 Feb, 2019
by Will Heasman
News
The rumors are true! Samsung confirms S10 will include crypto key storage

As it turns out the formally dismissed “rumor and speculation” surrounding Samsung’s latest phone have been verified as true; the company’s new frontrunner will include secure storage for cryptocurrency private keys.

In a press release yesterday, the company unveiled the features of the new Galaxy S10, specifying one attribute, in particular, that was bound to raise a smile from even the most hardened crypto aficionado.

The press release reads:

“Galaxy S10 is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services.”

The S10 is the first of a few phones updated for the cryptocurrency era, among contemporary devices such as HTC’s Exodus 1, the so-called “first native blockchain phone,” will also come equipped with an integrated cryptocurrency wallet, capable of supporting multiple blockchains such as big hitters Ethereum and Bitcoin, and even comes preinstalled with the Brave browser as default.

Rumors surrounding wallet integrating within the Galaxy S10 have been circulating for quite some time, reaching such prominence last year that Samsung actually dismissed the speculation as false.

Redditors voiced their various opinions on this latest piece of adoption:

Card

However, not all were pleased. One user felt as though the wallet integration was played down:

Card

With Samsung leading the market as one of the largest manufacturers of smartphones this is a huge boost to crypto adoption and usability, worldwide.

Read more: Leaked Samsung Galaxy S10 images reveal native cryptocurrency wallet; Samsung applies for trademark for crypto wallet in the UK

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Subscribe to us on Feedly  follow us in feedly

Poll

Are you excited about the addition of a cryptocurrency wallet in the new S10?

(9 votes)

Add a comment

The hardware storage in the smartphone? Wow i'm excited. It would be very convenient and practical!
21 Feb, 2019 - 09:25
Same! Which cryptocurrencies do you think they’ll support?
21 Feb, 2019 - 09:36
I hope so, Samsung has always created convenient storages
23 Feb, 2019 - 15:41
It should be awesome! But what about safety? security is on the first place
21 Feb, 2019 - 10:33
well honestly i think that security of such kind of storage would not be very strong. however the innovation is here and I think developers will find the way to secure funds as good as possible
21 Feb, 2019 - 13:34
Wow the hardware wallet is combining with a smartphone! Looks absolutely perfect!
21 Feb, 2019 - 11:01

Check out the latest news

You will be logged out and redirected to the homepage