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Homepage/News/Samsung Reveals Some of The First Blockchain Partners For The Galaxy S10
NEWS

Samsung Reveals Some of The First Blockchain Partners For The Galaxy S10

·2 MIN READ·

South Korean technology giant Samsung revealed some of the early blockchain partners for its upcoming flagship smartphone, the Galaxy S10. The event took place at the MWC Barcelona 2019 on Monday, January 25th.

KEY FINDINGS - EVIDENCE LEVEL: MULTI-SOURCE
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2 minEstimated time to read the full report

The company went forward to present the new phone’s Blockchain Keystore to some of its most important customers. The main thing that stood out was the inclusion of the logo for Cosmee, a beauty community service dApp (decentralized application) for the Cosmochain crypto project. Another big name revealed in the event was that of Enjin, the crypto gaming platform.

Samsung did not fully or precisely disclose details of the partner services, as the company might want to wait for its phone’s launch in order to that. Be that as it may, Cosmochain has reportedly confirmed a relationship with Samsung.

According to CoinDesk Korea, the goal is to connect beauty industry companies with customers. The project aims to incentivize users to create content such as reviews. The rewards are based on Ethereum’s ERC-20 token and the official cryptocurrency of the Cosmochain, the cosmo coin or COSM. Users will, therefore, be able to save their cosmo coins directly in the Galaxy S10’s crypto wallet.

“Since last year, the blockchain team of Samsung Electronics Wireless Division has been searching for dapps that have been commercialized. As a result, Cosmochain has been selected as a partner of Galaxy S10. We did dozens of meetings to verify the model and technology. “

Partnership with Enjin still speculation, but most probably true

As far as the Enjin logo displayed at the event is concerned, the partnership with Samsung has yet to be confirmed. Nevertheless, the promotional shots tweeted on Monday displayed a wallet app on the S10 very similar with Enjin. The platform offers a unique ecosystem for blockchain game development, as well as tokenized in-game goods. The project’s official token is an ERC-20 token called enjin coin or ENJ.

SOURCE TRANSPARENCY
  • External Source - Referenced domain: samsung.com
  • External Source - Referenced domain: coindeskkorea.com
  • External Source - Referenced domain: cosmochain.io
  • External Source - Referenced domain: enjin.com
  • Byline - Reported by Vladimir C.
  • Coverage Desk - Primary editorial category: News