Samsung Galaxy S10 Has A CryptoCurrency Wallet
Samsung is highly awaited launch the all new range of flagship smartphones. The upcoming smartphones will carry the Galaxy S10 branding and will be unveiled at the Galaxy Unpacked 2019 event. The smartphones are expected to have astonishing features like punch hole selfie camera, edge-to-edge display and possibly a secondary display. A fresh leak of the device reveals that it will also have a virtual wallet for storing cryptocurrency.
What Is Cryptocurrency?
Cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions. Notably, this asset uses decentralised control as opposed to centralised digital currency and central banking systems. This system works on a technology called blockchain which operates through a distributed ledger technology. In simple words, any transaction made via a cryptocurrency is registered in a publically available in a digital ledger. Due to its publicised nature, issues like identity theft and digital frauds can be largely controlled.
The newly leaked feature of the Galaxy S10 states that Samsung is working to bring cryptocurrency to the masses. The leak exhibits that the upcoming Galaxy S10 smartphones will have a cryptocurrency wallet called the Samsung Blockchain KeyStore.
The images posted online reveal that the user can either create a new wallet or log in to an existing one. The image unveils that the wallet currently supports Ehtereum (ETH) while support for other cryptocurrencies is likely to follow soon. All in all, more details about this feature and other features of the Galaxy S10 will be announced at the time of its official launch.
Galaxy S10 Launch Date
The Samsung Galaxy S10 lineup which includes the Galaxy S10, Galaxy S10+, Galaxy S10 Lite and 5G Compatible Galaxy S10 X will launch at the Galaxy Unpacked 2019 event which is scheduled for 20 February.