Samsung’s flagship phone Galaxy S10 has hardware-backed secure storage which will house user’s private keys.That was confirmed following the company’s annual Unpacked event yesterday in Seoul.
“Galaxy S10 is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services,” an official press release outlines.
Samsung Knox is a multi-layered platform built into the software and hardware of the latest Samsung devices. In other words, the isolated hardware chip essentially makes it similar to having a hardware wallet inside the phone.
There’s no information on what cryptocurrencies the new flagship phone will support, but video above shows that Bitcoin and Ethereum are amongst them.
Samsung is not the first smartphone maker that supports blockchain tech. Earlier, HTC and Sirin Labs made attempts to promote their devices among cryptocurrency holders. However, today, Samsung is the largest mobile phone manufacturer who officially confirmed support for the blockchain, which potentially makes the technology available for a wider user base. Unlike Samsung, which, obviously, will distribute S10 by all available means, HTC plans to sell EXODUS 1 for BTC and ETH, and Sirin Labs’ Finney is available for purchase solely for Sirin tokens.