Samsung Adds Bitcoin and Kakao’s Klaytn Support to Blockchain Keystore

Home » Samsung Adds Bitcoin and Kakao’s Klaytn Support to Blockchain Keystore

Samsung has discreetly added support for bitcoin to Blockchain Keystore, its decentralized app store.

Per the information on the South Korean tech conglomerate’s website, Bitcoin and Klaytn — Korean internet giant Kakao’s cryptocurrency — is now supported in the Keystore.

Blockchain based devices and features

People can access the blockchain features if they reside in one of the seven jurisdictions: Germany, Canada, Switzerland, Spain, South Korea, the United Kingdom, and the United States. However, for a user to access Samsung’s Blockchain Keystore, one should use one of the following six devices that support the feature: Galaxy S10, S10e, S10+, and S10 5G as well as Note10 and Note10+.

Upon its first release in July, the Keystore formed part of Samsung’s blockchain and decentralized application (DApp) Software Development Kit (SDK). The blockchain system provides backup, digital signature, and payment facilitation as well as account management. Only the Ethereum blockchain was supported in the earlier Keystore.

Also, Samsung expanded earlier this month SDK together with two new services: ‘Mars’ (a QR code-based peer-to-peer wallet) and ‘Jupiter’ (an AI-powered digital analytics DApp). Later on, it integrated the services into newer Samsung smartphones versions and the Galaxy S10.

In fall of 2018, HTC, a Taiwanese consumer electronics giant, also launched “Exodus,” a blockchain-powered smartphone

Likewise, in winter 2018, Sirin Labs (an Israeli blockchain startup) unveiled Finney blockchain smartphone, but that news was overshadowed after it decided to lay off a quarter of its staff when the cryptocurrency market experienced the bearish phenomenon during the 2018-19 period.


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