Samsung’s New Galaxy S10 Smartphone Includes Crypto Storage

The Galaxy S10, the latest smartphone released by leading cell phone maker, Samsung, will include storage for private cryptocurrency keys. This news comes from a press release sent out by Samsung earlier today.

Samsung announced the launch of the Galaxy S10 in Seoul, London, and San Francisco today. The phone will come complete with its Samsung Knox function, which keeps personal and corporate data safe without the need for third party IT protection. The press release reads:

“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.”

Rumors swirled before the phone’s release about the phone’s possible schematics and how it might support crypto wallets as well as DApps. In January, leaked images portraying the Galaxy Keystore on the S10 circulated on the internet. The pictures show an Ethereum wallet option in a list entitled “supported cryptocurrencies.” However, that wallet was not alluded to in the press release today.  

Other major companies have begun integrating crypto and blockchain technologies into their smartphones. Last may, Taiwanese consumer electronics company HTC revealed the “first native blockchain phone,” the HTC Exodus 1, which will support for multiple blockchains, including Bitcoin and Ethereum; Brave will be the phone’s default browser. The Exodus 1 could only be purchased using Bitcoin or Ethereum, and cost about $950.

Last December, after one of the hottest ICO’s of 2017, Sirin Labs released Finney, which they called the “world’s first” blockchain smartphone. Like the Galaxy S10 and the Exodus 1, it comes with embedded cold storage that is separated from the phone’s main hardware. It’s operating system, Sirin OS, is a “Google-certified” mod of the Android OS. It also allows users to exchange crypto (BTC, ETH, and Sirin Labs Token) without having to go through a centralized exchange.