Samsung Introduces Crypto and Blockchain Functionality in the Galaxy S20 Models
South Korean technology giant Samsung lately revealed its latest smartphone series, the Galaxy S20, at the Unpacked 2020 event in San Francisco.
While the title feature is unquestionably the new camera, according to the official marketing material, the phone will also update on the combined blockchain security features included a year ago on the Galaxy S10.
Security is still a highlight
After extensive details concerning the new camera, and briefly discussing 5G, battery life, and storage, Samsung highlights the new phones’ security characteristics. These developed on the Knox platform, a defense-grade security solution that saves private keys in a secure, remote area.
“We created a secure processor dedicated to protecting your PIN, password, pattern, and Blockchain Private Key. Combined with the Knox platform, security is infused into every part of your phone, from hardware to software. So private data stays private,” Samsung says.
Following the release of the Knox platform last February in the Galaxy S10, Samsung disclosed its mobile blockchain present with the version of a software development kit in July 2019. This involved a toolkit for the Samsung Blockchain Keystore, which ensures users’ private keys.
Later that month, PundiX announced that it had combined its XWallet app into Samsung’s blockchain ecosystem, enabling users to join the app to their Samsung Blockchain Wallet.
Samsung then attached Bitcoin-support to its Blockchain Keystore, along with several other advances. Earlier it had only formally approved Ethereum.
In September 2019, the company issued an edition of the smartphone/tablet hybrid Galaxy Note 10 with cryptocurrency functionality.
Confirming dedication to blockchain
With the immediate release of the Galaxy S20, along with its prominent brothers, the S20+ and S20 Ultra, Samsung is proving its commitment to blockchain technology and cryptocurrency.
It also intends to roll-out its Knox platform beyond mobile devices and into a network-connected device like 5G and Internet of Things (IoT) endpoints and equipment.
The Samsung Galaxy S20 will be accessible from March 6, in Australia, U.S., and the United Arab Emirates and in the United Kingdom from March 13.
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