After Galaxy S10, next is Samsung Coin? - page 6.

poodle63

hero member

Activity: 2702

Merit: 510

Leading Crypto Sports Betting & Casino Platform

Quote from: disconnectme on April 24, 2019, 02:03:05 PM

There are two ways to look at this, I don't like big corporation take over the space because what they want is to take over everything and this si against what the space is all about, but however it give credibility to the space, Facebook and Samsung are big companies and the tumour of Tesla offering ICO is a good thing to the space

When multi-billions companies are taking its step toward cryptocurrency, that will bring a lot of money to the crypto space and demand. But the cons are about they will create a big monopoly in the cryptocurrency.
They have unlimited money and anything looks possible for this company.

Simple_Plan

jr. member

Activity: 113

Merit: 2

All these wallet integration and Samsung Coin are just marketing tweak from Samsung. The latter is even just a rumor. Like some people in this thread, I'm quite interested in tech giants going for blockchain but not in this way. JPM coin, Samsung coin... all are worthless up to now. Why not JPM blockchain or Samsung blockchain instead?

kaya11

full member

Activity: 1344

Merit: 110

SOL.BIOKRIPT.COM

Maybe because their sales drop off and think of a strategy that could boost it anyways. Now they'll gonna have to hire blockchain experts developers to catch up, but even so late, it is better that never. If they could manage to do this and succeed, I think other companies would follow too. They have been always like these, want to be ahead of each other so they would do anything to provide uniqueness and soon all of the electronics companies out there would be blockhain ready.

Erickan

member

Activity: 266

Merit: 18

I think big companies have thought of releasing their own crypto, but until now all have stopped on rumors. Blockchain is a typical achievement for 4.0 technology, so big companies will also capture the trend and application of blockchain technology into their systems.

But to be honest, if there are too many private blockchain, it will greatly affect the goals that blockchain set out from, which is an open source, a public blockchain that anyone can participate in and contribute.

ccsang

full member

Activity: 910

Merit: 103

Quote

Samsung Coin? Electronics Giant Secretly Tests Ethereum Blockchain

ccn also published an article about samsung coin
https://www.ccn.com/samsung-coin-electronics-giant-secretly-tests-ethereum-blockchain-erc20-token-report
I'm not surprised at all because it's not the first time, that time galaxy 10 include crypto wallet, currently investing in ledger company, if all of the biggest company around the world also join the blockchain, I think cryptocurrency must become our future.

labilaab

member

Activity: 616

Merit: 11

TRADE WITH NEGATIVE FEES

Quote from: tomahawk9 on April 24, 2019, 11:57:30 AM

Samsung Coin, Facebook Coin, big corporations are getting ready to create a new revenue stream for their companies by letting the average joe invest is private blockchain and centralized corporate coins (I find it very unlikely that they'll make it a public blockchain, but who knows?)...What's next? Netflix Coin? Starbucks Coin? Are we gonna start seeing an influx of new tokens/coins from the big companies around the globe in the next few years? Maybe shitcoins will no longer pollute the crypto market, corporate cryptocurrencies will take their place :/

I agree with what you said. I think that by this news of having many corporate cryptos being produced then it will surely drives away the shitcoins out there. And I bet this corporate cryptos have future on blockchain field for resources they have and their costumer's reputation also.

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

That's a plausible thing since i think they have added a bitcoin wallet to their phone with a reason, to test how it works so further they can add their own crypto wallet to their phones so that people can make blockchain payments using their phones. If you think about it, what they did with galaxy s10 was just an experiment to see how people react and also to test how a crypto wallet would work on their phones

jakelyson

legendary

Activity: 2240

Merit: 1069

This is a possibility since Samsung is recently investing in Crypto hardware.

https://cryptocrunchapp.com/news/samsung-invests-29-million-in-crypto-hardware-startup-ledger

They could be open on creating on their own blockchain or another token.

powerman24

member

Activity: 448

Merit: 12

Big corporations are a bit late but they want to have their piece of the pie. Anyway, their appearance means a lot for mass adoption of crypto as they have huge customer base

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

Yes. We'd start to see it coming for what purpose do they support BTC wallet on their phones as a matter of fact, I can see they may even have their own exchange also. The adoption is almost reachable by a hand. Facebook had started it and we shall see more coins from the big companies like Samsung and perhaps the Amazon as well.

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: disconnectme on April 24, 2019, 02:03:05 PM

There are two ways to look at this, I don't like big corporation take over the space because what they want is to take over everything and this si against what the space is all about, but however it give credibility to the space, Facebook and Samsung are big companies and the tumour of Tesla offering ICO is a good thing to the space

I don't see that the private blockchains have anything to do with this space. Private blockchains are highly centralized and against the spirit of the whole decentralized space. I really don't see any point in them.

qazgroup

member

Activity: 1022

Merit: 20

RiveMont

I would have liked more if Samsung would have implemented and added already available coins like btc, eth or xrp in their ecosystem i personally do not get the purpose of such a move i mean why such big corporations need their own coin. Coin is just required for funding and when you already have funds then there is not much need of creating a new coin.

disconnectme

hero member

Activity: 1876

Merit: 512

There are two ways to look at this, I don't like big corporation take over the space because what they want is to take over everything and this si against what the space is all about, but however it give credibility to the space, Facebook and Samsung are big companies and the tumour of Tesla offering ICO is a good thing to the space

Awesomus Maximus

member

Activity: 392

Merit: 66

Yet another company or centralized entity trying to jump on board and make it in the news. They don't need a crypto. It is useless for them. Cryptocurrency without decentralization is another paypal and why would they want to be one? If this news is true but I hope it is not.

79b79aa8d5047da6d3XX

full member

Activity: 660

Merit: 101

Colletrix - Bridging the Physical and Virtual Worl

I really hope this news is true. On the brighter side if this news is true and Samsung launches its own coin it will be the much needed pysh blockchain needs to gain massive adoption and go mainstream

Little Mouse

legendary

Activity: 2156

Merit: 2100

Marketing Campaign Manager |Telegram ID- @LT_Mouse

Today or tomorrow, every big giant will gradually come into this. Otherwise, they will not be able to keep up the best in the market. If Samsung comes into the place, that will be huge for the crypto industry. I had a feeling that we will be used cryptocurrency in future as per industry category. Like, for example, medic coin for hospital, facebook coin for ads and so while bitcoin will be the leafing crypto like as USD.

hummer113

member

Activity: 686

Merit: 10

Many large companies recognize the benefits of using blockchain, I think that Samsung can already test private blockchain, just does not want to talk about it.

alisafidel58

full member

Activity: 364

Merit: 127

Although I love Samsung and its products I think I will not support this coin if they ever decided to release one on their own. This will be centralized and I think this will just go down like other centralized coin or token that has been released in the market.

herurist

sr. member

Activity: 1680

Merit: 259

This is good news if Samsung is actually issuing a coin, it will be the first, Samsung is the first cellphone to issue coins, hopefully this is accurate.

Aleksandra Gurskaya

member

Activity: 560

Merit: 10

I think very good news. After all, Samsung has a huge number of users and all of them will be able and most likely will want to own their cryptocurrency, and this is very good for attracting a large flow of people to cryptocurrency.

Topic: After Galaxy S10, next is Samsung Coin? - page 6. (Read 12938 times)