Samsung’s Rumored Galaxy S10 With Integrated Crypto Wallet Would Reportedly Be More Important For Mass Adoption Than Bakkt And Bitcoin ETF
More voices in the crypto space have been saying since last year that 2019 will be the year of crypto mass adoption. Things seem to be going in the right direction.
It was recently reported that Samsung is preparing the reveal of its next flagship that everyone’s waiting with high enthusiasm: the Galaxy S10.
Samsung Galaxy S10 might come with a crypto wallet
This phone has been making headlines for quite a while and what’s certain at the moment is the fact that the tech giant will present it during their annual Samsung Unpacked event.
The new model of Samsung may include the Samsung Blockchain KeyStore that seems to be a blockchain wallet.
This can reportedly act as a secure and convenient place to hold your digital assets, and it can enable users to own total control over their private keys and cryptos.
It’s also reported that users can create a new wallet.
The system works on the blockchain with the digital coins that Samsung will decide to support.
Such a smartphone would shake the cryptospace
If Samsung’s next flagship does come with a mobile wallet implemented, considering the success that Samsung has with its smartphones, this would be a massive step towards mass adoption.
Daily Hodl reports that if the rumors are true and this phone comes with an integrated crypto wallet than this would be more important than the launch of Bakkt and the approval of a Bitcoin ETF combined.
— Gregory Blake (@GregiPfister89) January 22, 2019
The Galaxy S10 will be revealed on February 20, and the launch date will be sometime in March.
It’s also important to mention another hint that the phone might have something blockchain0related.
Humble opinion: if Samsung integrates crypto to Galaxy S10, I think it may have a bigger impact than ETF and Bakkt combined.
Partially because no one really knows what kind of exposure ETF / Bakkt will bring meanwhile millions of people use Samsung phones daily.
— Joseph Young (@iamjosephyoung) January 24, 2019
Joel Snyder, a senior IT consultant, published a blog post on Samsung’s Business Insights, “Why Smartphones Have the Best Security for Blockchain and Cryptocurrency.”
Speaking of Bakkt, the launch of the futures exchange has been delayed once again. It was supposed to be launched yesterday, but it seems that due to the government shutdown this will not go as planned.
This hasn’t stopped Bakkt from launching a hiring campaign.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.