Winklevoss brothers owned Gemini Trust crypto exchange has recently announced that it has gone into a partnership deal with South Korean heavyweights, Samsung Electronics Co. As a result of the deal and the conditions stated in the contract, Gemini will henceforth integrate its app which is backed by Blockchain into the tech with a view of allowing users trade and store crypto on their mobile phones.
Gemini partners Samsung to launch Blockchain-based wallet
To bring crypto adoption all over the world whilst making digital asset trading relatively easy, Gemini Trust has entered into a partnership with Samsung Electronics to make use of their Samsung Blockchain wallet. With the new development, users across the United States and Canada will now be able to track their digital asset transactions on their mobile phones.
With the partnership done and dusted, Gemini exchange will make crypto adoption easier with the view of bringing top-notch services to their clients. The new partnership will make it easier for new users who are willing to enter the crypto sphere to make use of the app. The app boasts of an easy interface and an efficient trading experience; a factor that has always hindered the widespread adoption of crypto across the global population.
Talking about the new partnership, MD of Operations at Gemini, Jeanine Hightower-Sellitto said “It’s a full integration between the two apps that’s very transparent and very easy to use. It’s all integrated”. The announcement further stated that the finer terms of the agreement have not yet been disclosed to the public.
Making crypto adoption seamless
Even with global popularity that Bitcoin has enjoyed since it came into the limelight, the adoption of the leading digital asset has moved at a rather disappointing pace. With this in mind, major crypto ventures have been working tirelessly to make sure that a major amount of the global economy adopts Bitcoin. Earlier this year, BlockFi, which is coincidentally backed by the Winklevoss brothers announced that it has moved s step further in the crypto adopting the game.
The crypto outfit announced that it is planning to launch a reward scheme where its users will enjoy BTC rewards and will develop an app to bring that into fruition. Bakkt too has been making intense efforts to debut its app that would allow users to trade crypto. With most outfits looking to drive crypto adoption high, it is only a matter of time before crypto gains more popularity which will, in turn, encourage further adoption.