Samsung adds Bitcoin (BTC) support for their blockchain Galaxy 10 smartphone. The Galaxy phone which supports cryptocurrency was officially launched back in March. Since then, the digital currency community has been seen increasingly purchasing the handset so as they can start trading and using the supported cryptocurrency through the Blockchain Keystore App installed in the phone.
At the time of its launch, the Samsung Blockchain Wallet of the smartphone was only supporting the world’s second leading altcoin by market cap Ethereum and ERC-20 compatible tokens. Meaning that the original digital asset Bitcoin was not supported. However, the logo of Bitcoin was displayed in the pre-release advert pictures, meaning that the technology giant had future plans for it.
Now, from the latest reports, Samsung has revealed that it has also started to support six fresh decentralized applications (dapps) on its new blockchain Galaxy S10 handset following its earlier support of 4 dapps – they are now 10 dapps being supported. In fact, X-Wallet dapp by Pundi X is the one supporting Bitcoin plus other tokens including Pundi X NEM (NPXSXEM), Ether (ETH), Pundi X (NPXS), NEM (XEM) and Binance Coin (BNB), in the new Galaxy S10 blockchain phone.
My Opinion :
I guess the crypto wallet thingy of Samsung was partly the result of a deal which granted certain tokens the exclusive right to be listed before anything else. If that was indeed the plan, it worked out well considering how hard the tokens pumped.
It's a step forward for crypto in general but it's kinda weird that such a large corporation allowed itself to be used as marketing stunt. They should have done more research on how tokens use these marketing stunts to unload their bags.
It was South Korea only at launch and anyone who pays some attention will quickly summise that the South Korean crypto market is a very curious thing indeed. Anywhere with Bitcoin Gold volume that vastly outranks Bitcoin at certain points is a bit fucked in the head and best left to its own devices.