New Samsung Galaxy S10 smartphone to feature built-in cryptocurrency wallet?

Leaked images and reports seem to suggest that the new Samsung Galaxy S10 smartphone will have a built-in cryptocurrency wallet

Litecoin’s latest Medium post and leaked images on Twitter have substantiated the rumours that Samsung’s upcoming new smartphone, the Samsung Galaxy S10, will feature a built-in cryptocurrency wallet.

The rumours have been circulating for roughly a month or two, but recent images leaked on Twitter hint towards the reports being real.

Reportedly, Samsung had filed for three trademarks under “Smartphones; Software applications for use with mobile devices; Computer software platforms; Application.”

The trademarks were allegedly applied for within the European Union and titled “Blockchain KeyStore, Blockchain key box, and Blockchain Core.”

Samsung initially refuted such reports. However, the leaked images, posted by Twitter user @VenyaGeskin1, suggest otherwise.

The Tweet reads, “New #GalaxyS10 live images leak with Samsung Blockchain KeyStore,” and is attached with three images seemingly showcasing the cryptocurrency wallet.

One of the images displays the welcome page for the rumoured wallet, which states: “Samsung Blockchain KeyStore is a secure and convenient place for your cryptocurrency.” Another of the images depicts Ethereum as the only supported cryptocurrency.

A third image illustrates how the Blockchain KeyStore app is listed under the biometrics and security section of the phone. It is listed with other sensitive applications such as ‘Find My Mobile’ and ‘Samsung Pass’.

However, as reported by Litecoin’s Medium post, it is expected the cryptocurrency wallet will also offer support for Bitcoin, ERC-20 tokens, and Bitcoin Cash on launch. The post also notes that Samsung will be using “BIP32 or another first-party solution to generate the private keys for all the networks.”

The Samsung Galaxy S10 will officially launch on February 20th. This means crypto enthusiasts hoping that the news is real will have to wait until then to see if the leaked images and reports are genuine.

If it is true, it will certainly be a big step forwards for the cryptosphere, as more and more mainstream companies are beginning to integrate the technology into their respective businesses.

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Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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