In its latest cryptocurrency-related move, electronics giant Samsung has announced that it will soon be releasing a full-fledged Software Development Kit (SDK) for interacting with the Ethereum network.

According to the company, the SDK will aid blockchain developers in creating decentralized applications (DApps) for mobile devices in a more cost-effective manner.

A beta version of the development kit has already gone live. However, developers will have to request early access and sign up as a partner to work with it. Notably, the kit is only available for use on the company’s flagship mobile devices. These include the Galaxy S10, S10e, S10+, S10 5G, and the Galaxy Fold. Furthermore, the SDK is region locked to developers in the United States, Canada, and South Korea for now.

Greater Interaction with the Ethereum Blockchain?

According to the SDK website, developers can manage, generate, and store user blockchain accounts or wallets with the toolkit. Naturally, for security reasons, Samsung has announced that the device’s Blockchain Keystore and private key will never be exposed to a third-party application or synced to an external cloud service.

For all intents and purposes, the Keystore is invisible and isolated from the rest of the Android operating system. The SDK notably also enables interactions with external third-party cold wallets such as a Trezor or Ledger Nano S.

Samsung wrote,

“The SDK offers a payment gateway for cryptocurrency remittance with its UI. To use this payment solution, a DApp needs a keystore. With this, Samsung Blockchain SDK links users not only to the Samsung KeyStore but also to any external cold wallets as well.”

Developers that sign up for a partnership with the company will have access to additional features. These include the ability to retrieve transaction history from Samsung’s ‘blockchain proxy Node’ and a ‘blockchain specialized browser’ built specifically for web-based decentralized apps (DApps).

Samsung Likely to Continue Blockchain Push

Alongside the launch of its latest flagship mobile device in February 2019, Samsung announced that the Galaxy S10 would come equipped with a hardware-based secure storage solution for blockchain assets.

At the time, the cryptocurrency community speculated that the company would include support for decentralized applications soon after. Finally, according to Samsung, an official version of the SDK will be announced by the end of this year.

This news echoes the recent talk of Samsung focusing on emerging technologies like blockchain and 6G.

Do you think that other mainstream tech companies will follow Samsung’s push into cryptocurrency? Let us know your thoughts in the comments below.