Samsung (KS:005930) recently unveiled its latest smartphone release, the Galaxy S10. Fans of consumer tech are taken with the in-screen fingerprint sensor and high screen-to-body ratio. However, it’s another feature of the S10 which has the cryptocurrency community buzzing. The Galaxy S10 phone is blockchain-enabling and supports 4 currencies.
Blockchain Features of the S10
The Galaxy S10 features an integrated digital wallet from Enjin. The Enjin wallet is a secure mobile wallet allowing instant swaps and exchanges between tokens. At the time of writing, demo videos are circulating, showing the Samsung Enjin Wallet in action and apparently confirming the functionality is already available in the Korean version of the S10.
Alongside the instant exchange functionality, the wallet features payments to merchants and digital signatures, and the Enjin wallet could be used to send and receive in-game assets tokens.
At the news of the announcement, the value of Enjincoin skyrocketed seven times its value in two weeks as investors realized what the partnership means for Enjin. One CEO of a London-based crypto exchange GlobalBlock stated to the UK’s Independent news outlet: “There is no doubt that inclusion of these wallets on handheld devices gives credibility to the technology and makes it extremely accessible for the general public.”
Samsung is the global market leader for smartphones, shipping over 70m units every quarter, which outstrips the iPhone by over 15m. The integration of the Enjin wallet to the Galaxy phone gives Enjin access and exposure to entirely new audiences,...