Altcoin News: Samsung Galaxy S10 Received Key Vault for Cryptocurrency Wallets

February 21, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

A new mobile flagship Samsung Galaxy S10, in addition to other innovations, received special storage of secret keys for cryptocurrency wallets. The presentation has already taken place in Seoul, San Francisco, and London.

As part of the mobile data protection solution, Samsung Knox has a separate key storage function for cryptocurrency wallets.

“ 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.” the company said in a press release.

Note that rumors about the emergence of a “cold” wallet for cryptocurrency in the new Samsung smartphones began to appear at the end of last year. In December, the Korean technology giant filed three applications for trademarks related to the blockchain. The patents were named ‘Blockchain KeyStore’, ‘Blockchain Key Box’, and ‘Blockchain Core.’

It is also interesting that last summer Samsung representatives called smartphones the safest cryptocurrency transaction devices.

Author: Marko Vidrih