Wednesday, February 27, 2019

New Galaxy will equip Bitcoin wallet

Samsung is planning to introduce apps to manage Bitcoin in its new products.

According to the media, Samsung's Galaxy S10 will be released in coming March. There will be three models, Galaxy S10, S10+ with a larger screen, and S10e as an entry model. These smartphones will equip a new identification system using supersonic. As soon as you touch the screen, your fingerprint will be scanned to check your identity.

Also, cryptocurrency wallets will be installed in these smartphones. You can store Bitcoin, Etherium, and a couple of other crypto coins in the device.

Coin Telegraph: Samsung Announces Galaxy S10 Crypto Partners, Bitcoin and Ethereum Support

To be honest, I could not understand whether the new Galaxy S10 would be utilized as a hard wallet or not, through reading this article below. Considering that soft wallets are available in most smartphones without any additional mechanical chips, the new Galaxy will equip some exclusive chips in it.

Smartphone and cryptocurrency are very synergetic with each other. On the other hand, Samsung will be responsible for keeping the consumer's crypto coins secure. If someone breaches the security of Galaxy, to steal the coins, Samsung will certainly be sued by the user.

I bought Galaxy S9 just recently. I knew the new models would be released soon. Therefore, I got S9 at a low cost. I would not purchase the Galaxy S10.

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