Samsung Galaxy S20 Becomes Blockchain Smartphone

Marko Vidrih
Feb 13 · 2 min read

Samsung has unveiled its new Galaxy S20 series smartphones. As can be seen from the official website, it will have blockchain functions that are not yet known. Unlike the Galaxy S10, these apparently are not in the spotlight.

On the South Korean tech giant Samsung official website you can read the following about the Galaxy S20, S20 + and S20 Ultra models, which are due to be launched in March :

“We created a secure processor dedicated to protecting your PIN, password, pattern, and Blockchain Private Key. Combined with the Knox platform, security is infused into every part of your phone, from hardware to software. So private data stays private.”

However, these functions do not seem to be the top priority for the smartphone manufacturer, since the corresponding paragraph is at the bottom of the page and no further information is provided.

The 108-megapixel camera or the built-in 5G modem with which you should be able to upload and download “in an instant” receive much more space. On the Samsung website for the Galaxy Z Flip, a new folding smartphone that is reminiscent of the old Game Boy Advance SP, there is no mention of blockchain at all.

In contrast, the predecessor series Galaxy S10, published in 2019, caused a sensation with its crypto partnerships : the gaming token Enjin Coin (ENJ) was even able to temporarily multiply its value at the time by working with Samsung.

At that time, the “Blockchain Keystore” was also introduced, via which users of the Galaxy Smartphones Ethereum (ETH) and associated ERC-20 tokens can save and send.

In August 2019, Bitcoin (BTC) functions were also integrated into the Developer Kit (SDK) for several S10 models, as well as for the devices in the Note10 and Note10 + series. The SDK enables Android devices to link blockchain addresses to the Keystore, sign transactions and check the status of the Keystore.

Author: Marko Vidrih

Featured image credit: Pixabay

The Capital

The Capital (former Altcoin Magazine) is a social financial news aggregator powered by Bitcoin

Marko Vidrih

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Most writers waste tremendous words to say nothing. I’m not one of them.

The Capital

The Capital (former Altcoin Magazine) is a social financial news aggregator powered by Bitcoin

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