Photo Credit To John Biehler Via Flickr
Samsung, the Korean tech giant, recently added support for Bitcoin in its Blockchain Keystore. Eventually, this will make it possible for people to use Bitcoin with apps via the firms secure storage feature on supported gadgets. Besides adding Bitcoin, Samsung Blockchain Keystore SDK will also provide support for the Klaytn network. Klaytn is a blockchain project created by Kakao, the Korean internet giant.
Samsung’s Crypto Support
Samsung first revealed that it would support crypto at the start of this year. However, many proponents of BTC were disappointed when they learned the company did not support the crypto coin. This has since changed and the company now supports the coin. The action towards full support for BTC starts with the decision to offer BTC functionality for the company’s SDK using the safe storage system which will come with the latest Galaxy devices.
According to the company, those who want to gain early access to the Keystore SDK will be able to interact with dApps using the Klaytn and Bitcoin blockchains. Besides that, the company will offer support for Ethereum.
This decision was actually announced on August 8. However, the company has been so silent about it that it took a Redditor noticing it and pointing it out on August 14. Since then, the company has not made any statements regarding this decision.
According to Samsung, the Keystore SDK will make it possible for Android apps to communicate with the crypto-focused Keystore, which will feature in Galaxy devices that will be released to the market soon. It will make it possible for device owners to sign transactions and reference blockchain addresses directly.
For now, the SDK is not ready for rollout to the market. This may explain Samsung’s decision not to make a major announcement on the issue. In fact, the company’s launch of the SDK in July also went on with little fanfare.
Thus far, the Keystore SDK is only offered to developers who apply for it. Samsung is hoping that it will provide full access to the SDK by the end of this year. A FAQs section on the company’s site claims that the official version of the Blockchain SDK will launch at the end of 2019. For now, it is asking developers who want access to the beta version to send an application.
This is a Big Deal for Crypto
A major company offering support for Bitcoin and placing crypto in the hands of millions of people is a huge deal for the crypto world. It could help to speed up the adoption of crypto by the masses. However, there will still be some restrictions as to who can access the features that Samsung plans to roll out.
The company has made it clear that these crypto-related features will only be available in the latest Samsung Galaxy devices. Besides that, the features will only be available in Germany, Spain, South Korea, Canada, USA, UK, and Switzerland. Besides that, the company will only support dApps that are compatible with Ethereum, Bitcoin, and Klaytn.