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Topic: Samsung S10 Embedded with Cryptocurrency wallet - page 3. (Read 948 times)

jr. member
Activity: 336
Merit: 1
Samsung s10 is a game changer from cryptocurrency wallet Samsung wallet is real mass adoption for crypto we are going to see in the future
sr. member
Activity: 2590
Merit: 322
Vave.com - Crypto Casino
Well, what do you think is the positive impact on the crypto industry, and at the same time what is the negative impact of it. It seems to me that cryptocurrency will be known because it will be use to a product by a big company and it will be on their upcoming latest phone, it will create awareness at the same time it can set aside those negative about crypto.What do you think?

Here is the link: https://www.theblockcrypto.com/2019/01/24/samsung-galaxy-s10-images-show-embedded-cryptocurrency-wallet/

Even if it is not true and it is just a rumor, it gives a positive impression to the people that are outside the cryptocurrency community that Bitcoin and other crypto assets are here to stay. Nothing is a bubble, and huge corporations try to take advantage over their competitors by integrating crypto wallets and other apps that are related to the blockchain and cryptocurrency industry.
Definitely this will create more awareness about bitcoin to outsiders, of course more enquiries will made by owners of those phones on the possible use of those wallets thus bringing in more adopters of bitcoin.
More so other phone manufacters will also follows suit the step taken by Samsung to also incorporates wallet features in their latest phones invariably bringing bitcoin into more limelight.
full member
Activity: 630
Merit: 102
What is the advantage of embedded cryptocurrency wallet when we can download any wallet to our phones? Are there any special features in there? I don't see anything innovative here but, I am sure that it will get a good reach for cryptocurrency to many people. Because Samsung is a popular mobile brand. So, I guess it will lead to more Bitcoin adoption than now.
member
Activity: 980
Merit: 62
Well, what do you think is the positive impact on the crypto industry, and at the same time what is the negative impact of it. It seems to me that cryptocurrency will be known because it will be use to a product by a big company and it will be on their upcoming latest phone, it will create awareness at the same time it can set aside those negative about crypto.What do you think?

Here is the link: https://www.theblockcrypto.com/2019/01/24/samsung-galaxy-s10-images-show-embedded-cryptocurrency-wallet/

Even if it is not true and it is just a rumor, it gives a positive impression to the people that are outside the cryptocurrency community that Bitcoin and other crypto assets are here to stay. Nothing is a bubble, and huge corporations try to take advantage over their competitors by integrating crypto wallets and other apps that are related to the blockchain and cryptocurrency industry.
member
Activity: 322
Merit: 20
Donating 10% to charity
I don't think it would have any negative impact. On the contrary, such a well-known company as Samsung enjoys trust among people and their support for cryptocurrency can have a great impact on the development of cryptography.

Besides possible security issues i agree that it won't have any negative impact.

On the contrary, it will be really good since Samsung sells a lot of phones per year and most people will look at the wallet and wonder what is it for? - That way some of them will research or ask a friend.

Then the friend and them can ask or the friend ask another friend and the word is spread. Some people say that there's no such thing as bad advertising.
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
Apart from the wallet showing how much of futuristic Samsung is, there are other factors such as risk and security. This could be dangerous if hacked by hackers and insider leaks. Though there are news of a Samsung coin coming to the market, this may prove that they're thinking in that direction. More acceptance to crytpo. Another wallet to the existing multiple wallets running around.
member
Activity: 891
Merit: 43
Random coins :)
Well, what do you think is the positive impact on the crypto industry, and at the same time what is the negative impact of it. It seems to me that cryptocurrency will be known because it will be use to a product by a big company and it will be on their upcoming latest phone, it will create awareness at the same time it can set aside those negative about crypto.What do you think?

Here is the link: https://www.theblockcrypto.com/2019/01/24/samsung-galaxy-s10-images-show-embedded-cryptocurrency-wallet/
Besides the negative sentiments crypto receives... awareness is certainly on the agenda!!
And with several big companies jumping on the crypto boat, this is an opportunity served on a silver platter for companies that want to draw the crypto community towards their business and this is happening at a fast rate.
sr. member
Activity: 2506
Merit: 368
I don't think it would have any negative impact. On the contrary, such a well-known company as Samsung enjoys trust among people and their support for cryptocurrency can have a great impact on the development of cryptography.
You may say that but the people doesn't know who's the developer of that phone and it might be coded with something that could risk your personal life unless if it is an open source code. That's why I don't actually trust carrying a phone which is crypto coded over a normal phone.
full member
Activity: 810
Merit: 101
I don't think it would have any negative impact. On the contrary, such a well-known company as Samsung enjoys trust among people and their support for cryptocurrency can have a great impact on the development of cryptography.
full member
Activity: 441
Merit: 100
Bcnex - The Ultimate Blockchain Trading Platform
the positive impact is that transactions will be easy and fast. then, other smartphones will follow Samsung's innovations, so. it makes crypto more popular. the negative impact is that some primitive people will have difficulty using this technology and maybe our assets cannot be used if it is lost.
member
Activity: 392
Merit: 21
Samsung has made its entry into the cryptocurrency market with the production of mining chips. Next to the same with the recent launch of S10 embedded with inbuilt cryptocurrency wallets it has made its entry strong into the cryptocurrency network. Moreover once after the addition of enjin coin wallet to Samsung the coin experienced a massive price pumping.

I expected this positive effect to enter Samsung
because the competing companies will enter in this field, whether in mining or wallets
when large companies and entities are entering the crypto field albeit partially will have a positive and cumulative effect.
sr. member
Activity: 1246
Merit: 260
1A6nybMUHYKS6E6Z3eJFm4KpVDdev8BAJL
This initiative by Samsung is a breakthrough which is going to foster than the adoption of cryptocurrencies because we now have a phone that has an imbedded cryptocurrency wallet through which users can make payments for transactions that they make in their daily activities. Let's wait and see what Apple would bring on board this time around.
full member
Activity: 1092
Merit: 117
It is great news. You know that samsung is one of the biggest cellular company in the world. And in their latest cellelur phone they installed crypto wallet. It such an honor for the crypto that Samsung company will support crypto. And it is a big advantage of crypto because they a famous company are supporting them and without paying any advertisement fee.
I dont know what to say about this but i think in the future Samsung should be proud that they have integrated bitcoin into their phones. It just remains to see when thats going to happen. There is no advertisement fee because no one would pay it since bitcoin does not have a director or something like that. Anyway, its great to see a collaboration between such a big company like Samsung and bitcoin.
full member
Activity: 546
Merit: 100
It is great news. You know that samsung is one of the biggest cellular company in the world. And in their latest cellelur phone they installed crypto wallet. It such an honor for the crypto that Samsung company will support crypto. And it is a big advantage of crypto because they a famous company are supporting them and without paying any advertisement fee.
full member
Activity: 616
Merit: 100
In my opinion it's a good idea, the more promos about cryptocurrency, the more people will look good about bitcoin.
full member
Activity: 980
Merit: 114
This is not the first time Samsung is showing it support for cryptocurrency and as the ops above have mentioned the mining equipment and chip's, if a big giant like Samsung can show this huge support and adoption of cryptocurrency to the point of it newest s10 embedded with an inbuilt crypto wallet is another ground breaking show of support by Samsung and hoping that other electronics giants will follow soon.
hero member
Activity: 2492
Merit: 548
8ombard - Pick, Play, Prosper!
Samsung has made its entry into the cryptocurrency market with the production of mining chips. Next to the same with the recent launch of S10 embedded with inbuilt cryptocurrency wallets it has made its entry strong into the cryptocurrency network. Moreover once after the addition of enjin coin wallet to Samsung the coin experienced a massive price pumping.
newbie
Activity: 17
Merit: 0
Yes and I want to buy one myself in the future. It’s already available here in our country but I don’t want to get one right off the bat because maybe some of the other brands such as Apple will adopt the crypto and start putting wallets on their iPhones too. I love to have such a hard coded crypto wallet on my device because I’m playing games online everyday.
full member
Activity: 770
Merit: 100
what Samsung did was a good breakthrough for many crypto users, besides what Samsung did was able to attract positive trends for crypto.
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
So far I haven't heard something that  Samsung is involved in security issues.

Only a few every year with different phones:
https://blog.talosintelligence.com/2018/07/samsung-smartthings-vulns.html

The s7 was probably the most recent one where it was actually a flaw with the chip.

But, with all that I would probably trust more the Samsung wallet than an app, those are simply just too damn easy to get exploited, especially since there is now a third party involved with servers that can get hacked and malicious code injected via an app update.

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