Samsung Pay Integrating Digital Currencies on All Their Devices and the Galaxy S10 is the Guinea Pig

According to reports in Korea, Samsung Pay wants to offer a crypto wallet on all their smartphones. Currently the Samsung Pay community has 10 million users and that just in South Korea alone. The launch of the new smartphones, will be a boost in popularity for the crypto wallet in South Korea. As we mentioned previously, Samsung believes that smartphones are more trusted in storing cryptocurrencies because of a Trusted Execution Environment (TEE). If a wallet is stored on a Windows or Mac, malware can be introduced to their operating systems very easily. By Samsung integrating a new crypto wallet on the Galaxy S10, this could prove that the security of TEE is a big factor in keeping data safe. Although Samsung hasn’t made any official announcements, every company and investor will benefit from this. Samsung will be more appealing to millenial users, since they feel that digital currencies are efficient and easier to use.

Leave a Reply

Your email address will not be published. Required fields are marked *


Spain’s Second Largest Bank Relentlessly Freezes People’s Accounts, Claimed to be Racism

The second largest financial insitution in Spain,

19 Feb, 2019

BTC Trades in Venezuela are Booming!

he volume and trading patterns of Bitcoin

18 Feb, 2019

Subscribe To Our Newsletter

Keep in touch with the latest news and the most efficient ways to trade your digital cash today.