Samsung Extends Bitcoin Support To Its Blockchain Keystore

August 16, 2019 / by Crypto.IQ

Samsung, the South Korean electronics leader, has extended support for Bitcoin in its decentralized applications store Blockchain Keystore.

The smartphone manufacturer first launched support for DApps during March as it introduced its latest flagship model S10. The transactional support and crypto storage were, however, restricted only to Ethereum as well as ERC-20 tokens.

Besides Bitcoin, Samsung has also added support for Klaytn, the digital currency launched by  Kakao, the internet leader from South Korea.

The software developer kit (SDK) now supports these new cryptocurrencies for the S10 lineups – S10e, S10+, S10, and S10 5G – as well as the new Notephones i.e. Note 10 and Note 10+.

With this new updated SDK, the Samsung smartphone users will be able to link blockchain addresses with their account on the Blockchain Keystore and conduct crypto transactions. They can also enjoy digital signature and backup facilities with the new platform.

For now, however, this service is only available in six jurisdictions – South Korea, Germany, Canada, Switzerland, Spain, the United States, and the UK.

Even though the blockchain is only supported on the flagship smartphone models as of now, the manufacturers will likely extend support to the budget-friendly Galaxy models too. 

The company has also taken a leap when it comes to introducing support for DApps on its mobile devices. Initially, they have brought support for Enjin, CryptoKitties, Cosmee, and CoinDuck.

Earlier in the month, Samsung introduced more than twelve more DApps to the Blockchain Keystore and with that there were a total of 17 supported apps.

Following  the footsteps of Samsung, various other smartphone manufacturers have also started integrating support for blockchain on their mobile devices. In July, LG filed a trademark    application for their electronic wallet which could store different digital currencies.