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Samsungcoin? Samsung Reportedly Planning Its Own Digital Coin

Published 04/25/2019, 04:20 AM
Updated 04/25/2019, 05:42 AM
© Reuters.   Samsungcoin? Samsung Reportedly Planning Its Own Digital Coin
005930
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Reports from Korean media point to the plans of Samsung (KS:005930) to create its own blockchain and digital asset, Samsungcoin. The plans were revealed following the news that the Samsung Galaxy S10 would be able to support digital assets and protect private keys natively.

A person close to the matter stated that Samsung is in the research phase, testing various approaches to building its own blockchain. Initially, Samsung may test the waters with a private blockchain, later opening it to the public.

"Right now thinking of B2B as a private blockchain, but i...

This article appeared first on Cryptovest

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