Samsung recently announced that it had added 13 more crypto apps to its crypto app store called the Blockchain Keystore. The company has taken major leaps forward when it comes to blockchain and crypto technology. It has fully embraced the technology and has launched various products based on it such as the Samsung Knox that comes with the Samsung Galaxy S10. The Samsung Knox feature makes it possible to store private keys for your crypto wallets. Samsung is quite ahead of its competitors; the company already has a blockchain wallet while many of its competitors have yet to announce the launch of any product related to the crypto space. 

More about Samsung’s Products 

Using the Galaxy s10, users are able to make payments using the CoinDuck crypto app. To do this, they only need to enter the required amount, which is achieved with a simple QR code scan. A user is then able to make payments to offline and online merchants. 

According to the parent company of CoinDuck, it was not convenient to have to copy the address of a merchant’s wallet into a personal wallet. By eliminating this, it will increase the usability of the blockchain wallet by Samsung as well as that of the CoinDuck app. 

The New Apps

Before the thirteen apps were added, there were only four apps on Samsung’s Blockchain Keystore. The apps included a crypto wallet, a social media app, a game, and a billing crypto app. The first one to be added was the COSMEE dApp, which is a beauty social media app. 

Samsung’s crypto app store is only a few months old. There is a lot of variety to the thirteen apps that were added to the store. During the launch, the company revealed its plans for the future. It plans to launch the Galaxy Fold. Whether the Galaxy Fold will support crypto or blockchain apps is still to be seen. 

Tech Companies have a Growing Interest in the Blockchain

Besides Samsung, other tech firms are also taking a keen interest in crypto and the blockchain. For example, HTC, which is based in Taiwan, recently released the HTC Exodus. The Exodus has been dubbed as the first native blockchain smartphone. It would appear the creators built it around crypto and the blockchain. In fact, the only way you can buy this phone is by using ETH or BTC. It has also been fitted with Brave, the privacy-focused browser. 

Another company working on blockchain products is Sirin, which plans to unveil and blockchain phone they are calling the Finney. The phone will supposedly feature cold storage for crypto assets. It will offer support for ETH, BTC, and the Sirin Lab Tokens. 

However, it is worth noting that things are not picking up as fast as some would have hoped. The Samsung blockchain wallet on the Galaxy store only has about 30 reviews. Meanwhile, some crypto wallets on the Google Play Store have thousands of reviews. 

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the crypto currency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal or accounting advice. This material has been prepared for informational purposes only and is the opinion of the author, and is not intended to provide, and should not be relied on for, investment, tax, legal, accounting advice. You should consult your own investment, tax, legal and accounting advisors before engaging in any transaction. All content published by Visionary Financial is not an endorsement whatsoever. Please also visit our Privacy policy; disclaimer; and terms and conditions page for further information.

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