Crypto Diaries: Samsung Coin, Tech giant’s BaaS & the Rise of CoinJoins

Samsung thinks Crypto, Privacy solution for Bitcoin & Blockchain-as-a-Service Platforms by the Tech giants

Let’s kick things off with a look at the price action in Cryptocurrencies. April has been a tremendous month for Cryptocurrencies. The bullish correction which has taken the shape of a mini-rally has sustained gains for a full month, which we haven’t seen in almost a year & a half. Majority of the Alt. coins have followed Bitcoin (BTC) in price action upwards, but by far BTC has been the biggest beneficiary of the ongoing bullish momentum. At the time of writing, BTC dominance stood @ 54.8% with the total market cap in Cryptos amounting to $179 billion. Let’s move on to some other topics of interest now.

Samsung Coin

Samsung has carved a reputation for being a trusted brand in the high-tech world. It is the biggest brand in the smartphone market with the pioneer Apple lagging behind at the second spot (infographic below). Lately, the Korean tech giant has become increasingly interested in the Crypto/ Blockchain space.

The first in line was the integration of Crypto wallet support in Samsung Galaxy S10 back in February. This was the same time when the tech giant also…