Samsung is rolling out hardware blockchain wallet support to its Galaxy devices.
The update allows those who trade multiple virtual assets to import and manage them from the Samsung Blockchain Wallet.
The Wallet is compatible with the likes of Bitcoin and Ethereum and can also access DApps.
Samsung is bringing hardware blockchain wallet support to its Galaxy devices. The update will allow those who trade virtual assets from third-party wallets to do so from the Samsung Blockchain Wallet on their devices.
Samsung’s Blockchain Wallet is effectively a central point for those managing multiple assets across various wallets. Users can connect to, import, and manage supported wallets and currencies through Samsung’s solution. This includes “Bitcoin, Ethereum, ERC tokens, Tron (TRX), and TRC tokens,” the company announced in a release.
Samsung Blockchain Wallet Now Supports Third-Party Hardware Wallets
Samsung Blockchain Wallets already support Bitcoin, Ethereum, and more such cryptocurrencies By Satvik Khare | Updated: 14 May 2021 19:20 IST
Photo Credit: Samsung
Highlights
It will support hardware wallets like Ledger Nano S and Ledger Nano X
Samsung will allow developers to create and manage DApps
Samsung Blockchain Wallet will now be able to manage and trade cryptocurrencies from third-party hardware wallets through an update on compatible Galaxy smartphones. Galaxy smartphone users will also be able keep up with latest trends in the cryptocurrency system with a dedicated newsfeed app from leading news outlets. The Blockchain Wallet already supports Bitcoin, Ethereum, and other cryptocurrencies.
Android Community
May 14, 2021
The idea of blockchain has been around for years but it’s not a topic we frequently cover. The subject can be complicated for some. In the early days, related apps were known to be vulnerable.. The idea of cryptocurrency has since been working but there aren’t many mobile devices that officially support the system. In the past years, we’ve seen some other solutions like browsers with built-in crypto wallet. HTC introduced a phone with hardware wallet and bitcoin node support.
Samsung wants to enter the game by officially adding support to hardware wallets to Galaxy devices. This move allows users to import and manage their cryptocurrency assets and DApps in one one location that is secure and easy-to-use. The South Korean tech giant announced that management of blockchain can now be done on Galaxy phones.
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