Despite recent setbacks, cryptocurrency has quickly become one of if not the fastest rising and most popular industries in the entire world today. Whether someone is actively involved in the world of cryptocurrency and is familiar with all the technical terms and lingo or not, it would be difficult to find anyone today who has not, at the very least, heard about cryptocurrency and what it can achieve if utilized properly and cautiously. Many companies have therefore either already adopted or are actively considering the total adoption of cryptocurrency in their respective day-to-day services, with the likes of PayPal, JPMorgan Chase, and Tesla all dipping their toes into the world of cryptocurrency.
Samsung appears to be the latest to join in on the cryptocurrency craze as its Galaxy Smartphones now have the capability to be able to support 3rd party wallets, which may be utilized for the purpose of storing and subsequently managing cryptocurrency assets.
Storage of assets
The aforementioned smartphones shall now have the ability to store and transfer digital assets onto cold cryptocurrency wallets via the blockchain wallet provided by Samsung. This function is set to be made available on potentially all devices that are capable of supporting it. Furthermore, the blockchain key store (also provided by Samsung) along with a new connection that can be linked to various hardware wallets like Ledger Nano S as well as the Ledger Nano X will also be made available for use.
A few of the cryptocurrencies which may be stored using the abovementioned blockchain wallet include the likes of BTC, ETH, TRX, and ERC, with more sure to follow in the near future.
Samsung customers are excited
Needless to say, this is a step in the right direction for Samsung as its customers can now enjoy being part of the cryptocurrency community in both an easy and accessible manner. The customers now have the ability to have their respective tokens be stored using Samsung smart devices from any location. Moreover, Samsung will also be providing helpful and useful information regarding the latest relevant trends pertaining to cryptocurrency to the customers through a useful application.
Additionally, this is also good news for fans of hardware wallets as these investors no longer have to be torn between multiple choices as the possibility of integration is now a reality.