The tech world has been waiting with baited breath for today, the first official announcement day for the latest Samsung smartphone out of their flagship Galaxy series, the Samsung Galaxy S10. Samsung are one of the biggest mobile phone manufacturers in the first and are often noted for spearheading new mobile technologies that eventually go on to change the format of all popular mobile phones. It is because of this, the entire tech industry have been anticipating this most recent announcement, simply because it offers a window into the future, not just for Samsung phones but for every single smartphone manufacturer. The trend seems to be, whatever Samsung do, the others will do soon too.
Whilst we won’t explore the technology behind the phone (although it does look super cool) we want to focus on what the crypto community has been anticipating. There have been rumours surfacing for the past few months suggesting that Samsung could be including a huge level of crypto-functionality in their next series of phones. Today, the crypto industry have not been left disappointed after an announcement that the Samsung Galaxy S10 will allow its users to securely store their cryptocurrency – this is a huge move for Samsung because it is going to attract a lot of crypto investors, encouraging them to move from rival Apple and Huawei phones, to the Samsung Galaxy S10. I’m certain that this announcement will see a huge boost in sales.
The #GalaxyS10 is a next generation smartphone like no other.The next generation Galaxy has arrived.
— Samsung Mobile US (@SamsungMobileUS) February 20, 2019
The Samsung Galaxy S10 (and all future models we assume) will come with a feature named Samsung Knox, a built-in storage feature with hardware that provides an extra secure storage solution for your private keys. The official Samsung announcement states:
“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.”
We have also seen images of something called the Samsung Blockchain KeyStore, a solution that looks to provide a working cryptocurrency storage solution, one that is no doubt secured by the Samsung Knox technology.
Source: Crypto Daily