Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

Alo Kingsley   Sep 03, 2019 05:25

Samsung feature min.jpg


The electronics giant Samsung, according to a press release on September 2, has revealed its intentions to present it's blockchain-based corporate strategy next month at the annual Samsung Developer Conference 2019 in San Josè, California.


The annual Samsung Developer Conference

This recent update made by Samsung was followed by a move made last week, where the company had integrated Bitcoin into Samsung signature mobile wallet, this wallet was originally developed only for Ethereum and ERC-20 tokens. The company has been seen showing a lot of interest in working with blockchain inclined solutions and products.. the report has disclosed that Samsung would unveil it's the strategic approach towards blockchain technology and products at the conference which will be held on the 29th and 30th of October in San Josè, California. The event was last held in San Francisco since 2013 and has since become the pillar for showcasing the recent happenings in the company. 

Samsung in the world of blockchain

Integrating Bitcoin wallets into Samsung could be seen as a major milestone for blockchain as it would be available for several S10 models (S10e, S10, S10+, and S10 5G), even for the Note10 and Note10+ devices, this would be another huge platform for mass-adoption. Furthermore, the wallet will also be designed to support 33 types of cryptocurrencies including BTC, ETH, BAT, NPXS, and MKR.


This is not the first time Samsung will be indicating strong interest for this space, as rumors had spread on June 2019 that it was going to roll out its own "Samsung coin" which was supposed to be an ERC-20 token. Although these rumors were not confirmed.


Image via Shutterstock

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