It’s official: Samsung released Galaxy S10 with built-in crypto wallet

February 21, 2019
Chris Wheal

After long-circling rumors, speculations and web leaks, Samsung has officially released its brand new smartphone, Samsung Galaxy S10. The rumors have proven to be true, there’s a built-in private key storage indeed. The S10 is built with defense-grade Samsung Knox, as well as secure hardware storage, which houses private keys for blockchain-enabled mobile devices.

galaxy s10

The S10 commemorates 10 years of Galaxy innovations in Samsung, and it’s clearly seen the company has worked a lot in order to make this new gadget a truly significant. The phone will be available in stores starting from March 8. The selling price starts at $899,99. Samsung Galaxy S10 will be available in select markets worldwide. In the official press release, the company stated that the new device delivers a “next-generation experience in the categories consumers care most about: groundbreaking innovations in display, camera and performance.”

The blockchain and crypto community met the S10 release with great excitement. Moreover, industry experts see this as basically a turning point for the cryptocurrency to become mainstream. According to analyst and investor Joseph Young, crypto integration into S10 may actually have a bigger impact than ETF and Bakkt combined.

“Partially because no one really knows what kind of exposure ETF / Bakkt will bring meanwhile millions of people use Samsung phones daily,” Young stated.

Post written by Chris Wheal
Chris Wheal is editor of OpenLedger's news and features service. An award-wining business journalists himself, he runs a team of freelance journalists from across the UK and north America.

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