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Topic: Samsung is Adding Cryptocurrency Wallet to its Budget Phones - page 3. (Read 1407 times)

hero member
Activity: 1932
Merit: 506
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This is another improvement of crypto currencies, not only for Ethereum but for the whole currencies out there especially those who have a potential. I wonder also why Samsung has chosen to support Ethereum from all other digital currencies.

Though we know that Bitcoin is the mother of all crypto currencies, I wonder if they are worried about the bitcoin price as ethereum is more cheap compare to bitcoin right now. But I am sure that they will consider bitcoin upon adding additional crypto currencies in the future because there is no reason for them to leave behind bitcoin unless they didn't like it from the start.
full member
Activity: 627
Merit: 103
Though this is old news but yet thank you for sharing! Samsung seems very interested in the cryptocurrency market! Last year Samsung took payment through crypto-currency from a specific country and they already released a crypto wallet where 15 potential coins are lives! So, this is a new milestone!
full member
Activity: 532
Merit: 100
Those saying bad words about the crypto space, I wonder how they will feel now. The sincere truth is, blockchain is just getting started and with time many platforms, sectors or systems will be left with no choice than to leverage blockchain and its features.
Can't wait to see the Samsung smartphones.
hero member
Activity: 3010
Merit: 524
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But are there people who use Samsung phones as storing crypto assets?
is it very practical and uncomplicated, please give input to those who have tried it because if it's easy I will use it.
It's easy just like when you are using any other software wallet. But remember i thought that was only available for ethereum and ethereum asset only and samsung wallet is ont yet supported any other crypto like bitcoin and another coin. FYI i used galaxy s10+ right now dude.
member
Activity: 882
Merit: 14
It's good to see such an adoption on big companies. but i don't get the reason behind supporting ether instead of bitcoin at the beginning? i mean bitcoin is the number one crypto and adoption of bitcoin is much more than ethereum at the moment... Huh
member
Activity: 448
Merit: 12
It is a good move from Samsung to add crypto wallet to their budget phones  as S10 is the newest model and the crypto wallet is added only for certain countries and not for all countries. So, with that move they will reach wider range of their customers.
full member
Activity: 602
Merit: 111
The South Korean technology corporation Samsung announced its intention to build in a cryptocurrency wallet in a line of new budget smartphones, based on a prototype of Galaxy S10. The conglomerate has been actively popularizing blockchain and doesn’t seem to be stopping.

The Galaxy S10 smartphone, which works with cryptocurrency, became available for purchase in March this year. The electronics giant has chosen to support Ethereum (ETH) from all other digital currencies, leaving Bitcoin out of the game. The Samsung team revealed that other cryptos will be added in the future as well. However, it is unknown yet, whether it will add Bitcoin support to their new budget models.

https://coinidol.com/samsung-adding-cryptocurrency/


It's really a good news because they can only make the people to encourage the investment cryptocurrency field especially this type of companies will always giving the trust for the people to do the best job and I think it will works in the future.
member
Activity: 572
Merit: 10
It is very good that such large companies support crypto and show interest in it. This will definitely have a very positive impact on the development of crypto.
full member
Activity: 925
Merit: 100
This is great, the crypto space keeps getting the right attention owing to the fact the underlying technology as well as its potentials is hard to resist. One thing is sure, sooner than later more big players will join and part of what blockchain offers. Blockchain has indeed come to stay.
full member
Activity: 630
Merit: 100
Ethereum has the biggest offering of all platforms and is the king of altcoins. It makes sense to add ethereum as it offers more functionality as a wallet than just holding bitcoins. Good that they are adding it to budget phones too
sr. member
Activity: 1092
Merit: 284
But are there people who use Samsung phones as storing crypto assets?
is it very practical and uncomplicated, please give input to those who have tried it because if it's easy I will use it.
jr. member
Activity: 347
Merit: 1
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They supported Injin wallet and coin and no major functionalities added I think it will be best if they add some features or instant usage of their coin or the tokens you will handling in your wallet if not then there will be no need Just download wallet and install no need for official announcement
full member
Activity: 265
Merit: 102
Yes Budget Phone so if this Samsung with cryptocurrency wallet is very affordable then this is good because that's all users want here

Then this can promote the crypto world like many Phone related will follow so market here will grow like many users will use cryptocurrency

Another thing better if the price is only like a hardwallet like similar so many will buy this
member
Activity: 378
Merit: 14
Samsung, Facebook, Microsoft and many more ... Big businesses one by one to blockchain integration. In addition, some crypto coins make a breakthrough. The future will be so beautiful!
hero member
Activity: 1358
Merit: 509
Samsung's such steps is appreciated by crypto community. The positive behaviors of such large companies about crypto will improve the mass adoption. In this issue they surely have own interest, already, we also have our own interest.
member
Activity: 255
Merit: 51
This might be a preliminary step for these users to understand crypto and then, they can move on to better ones, if they decide to.

Yes, agree. But I'd rather do without mobile wallets, that's just too unsafe for me. There are now many projects that offer credit cards that can be filled with Crypto.
hero member
Activity: 2744
Merit: 588
I understand the enthusiasm but, with the established and trusted crypto wallets available out there, what is the advantage for the end user of using a preinstalled wallet?

I believe they are targeting their samsung ordinary users in this adoption.
It is true that there are better and trusted crypto wallets, but are they in the grasp of these ordinary customers?
Most ordinary users who never-heard of crypto wallets will prefer a pre-installed one in their phones.
So they don't have to do anything. And with the integration of this wallet to these budget phones, definitely this strategy will reach out more ordinary users.
This might be a preliminary step for these users to understand crypto and then, they can move on to better ones, if they decide to.

member
Activity: 938
Merit: 13
AMEPAY
Although i have heard similar type of news earlier as well but still i would say i am glad that big companies and giant corporations are now accepting the fact that cryptos are the future that is why they are now accepting them and implementing them as well definitely this will speed up crypto adoption.
hero member
Activity: 1176
Merit: 501
I understand the enthusiasm but, with the established and trusted crypto wallets available out there, what is the advantage for the end user of using a preinstalled wallet?
jr. member
Activity: 250
Merit: 2
Samsung really told the world they were preparing for the future by integrating the various all new techs including blockchain and crypto support in their S10 official release. So I believe this is a continuation of their preparation towards the future. Crypto is the future so they're all gradually gonna get on board.
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