Samsung Integrates Tron and Mobile-Compatible DApp Building Tools

Published at: Oct. 29, 2019

South Korean technology conglomerate Samsung has integrated Tron (TRX) support to its decentralized app (DApp) store, Blockchain Keystore.

According to a release note published on Oct. 29 to the Samsung Developers website, Samsung Blockchain Keystore SDK v1.2.0 now includes APIs that support TRX transactions.

Justin Sun’s social media ploy

Samsung has revealed it is today announcing its Samsung Blockchain Platform SDK at the Samsung Developer Conference 2019. The new SDK will reportedly tackle the two-fold challenge of bolstering security and building mobile-compatible DApps.

As commentators have been swift to claim, the new Tron integration means that APIs for all tokens conforming to the TRC10 or 20 standards — as well as Tron-based DApps — are poised to become accessible to anyone with the Blockchain Keystore among Samsung’s near-one billion global smartphone user base. 

Justin Sun, the CEO of Tron — which positions itself as a competitor to Ethereum (ETH) by coupling decentralized finance with a wider decentralized internet ecosystem — had this week attempted to fuel hype by hinting at an undisclosed partnership with an allegedly “hundred billion USD megacorporation.” 

As of August 2019, Samsung reportedly has a market value of $272.4 billion, according to Statista.

Sun had also claimed the partnership would “broadly distribute TRON Dapps and tokens to billions of customers.”

The Chinese blockchain market

As reported, Tron has recently dislodged Ether (ETH) from the second spot on the latest crypto rankings report from China’s state-backed tech workgroup, the Center for Information and Industry Development (CCID).

Yesterday, TRX reported gains of as high as 25% against the U.S. dollar, perhaps due to a combination of Sun’s provocative announcement and a milestone endorsement of blockchain technology from Chinese President Xi Jinping. 

The latter prompted an explosion of domestic interest in Bitcoin (BTC) and blockchain, according to WeChat search data, as well as a boom in blockchain company shares on the Chinese stock markets.

Tags
Blockchain
Tokens
Samsung
Tron
Related Posts
Mystery Account ‘Rescues’ $6M of STEEM From Hard Fork Seizure
As part of the long-running Steem drama, the Steem (STEEM) network experienced another fork today. Particularly designed to tackle “constant attack from malicious accounts,” the new hard fork doesn’t appear to have been entirely successful. Code named “New Steem” the hard fork 0.23 had two primary aims. The first was to reduce the power down period from 13 weeks to four weeks. The second was to seize 23.6 million in STEEM tokens from Steem accounts and stakeholders associated with the Steem blockchain’s rebel and fork, the Hive blockchain. The latter goal has apparently failed as the seized funds were ‘rescued’ …
Decentralization / May 21, 2020
Steemit to Shift Its Proprietary Blockchain and Token to Tron Network
The Tron Foundation, a cryptocurrency firm that is known for hyping its long ledger of partnerships, appears to have entered a particularly important one today. The maintainer of major cryptocurrency Tron (TRX) has just partnered with Steemit, a major blockchain-based blogging and social networking website to provide its network for Steemit services. Steemit old token STEEM to move to the Tron blockchain, too As part of the strategic partnership, the Tron Foundation will work with the firm to move Steemit and other Steem blockchain-based decentralized applications (DApps) to the Tron blockchain, the firms said in an announcement shared with Cointelegraph …
Adoption / Feb. 14, 2020
Tron and Tether Partner to Issue USDT on the Tron Network by Q2 2019
Blockchain protocol Tron (TRX) and Tether, issuer of stablecoin USDT, have announced a partnership to introduce USDT to the Tron network by the second quarter of 2019. The news was shared with Cointelegraph in an email on March 4. The forthcoming TRC20-based USDT — a term that indicates adherence to a technical token standard supported by the Tron blockchain — will be interoperable with all Tron-based protocols and decentralized applications (DApps), and allow for the transaction and exchange of fiat-pegged coins across the blockchain. The USDT, which launched in 2014, has traditionally facilitated frictionless fiat on- and off-ramping to the …
Decentralization / March 4, 2019
Unconfirmed: Crypto Startup Enjin to Back Rumored Samsung Galaxy S10 Blockchain Wallet
South Korean crypto company Enjin Wallet has reportedly been appointed by Samsung to back a blockchain wallet in its new Galaxy S10 smartphone, anonymous sources told Asia Crypto Today on Monday, Feb. 25. The anonymous interlocutors provided an image to the outlet that was purportedly posted by Tworld — Korea’s second largest telecom company. The screenshot shows the Enjin wallet being used in the Galaxy S10 for Ethereum (ETH) transactions. The image also features Enjin coin (ENJ) and Basic Attention Token (BAT) — an Ethereum-based token used in digital advertising. Enjin Wallet reportedly used in Samsung blockchain keystore. Source: asiacryptotoday.com …
Blockchain / Feb. 25, 2019
ABCC Exchange Partners With Tron to Become First Platform to List TRC10 Tokens
ABCC cryptocurrency exchange has partnered with the ninth largest cryptocurrency Tron (TRX), according to a tweet posted Jan. 15. Tron's founder and CEO Justin Sun subsequently confirmed the news on Twitter. As per the announcement, the partnership has made ABCC the first crypto exchange to list tokens based on Tron’s TRC10 technical standard. The announcement was made a few days after the exchange first revealed that its was in the process of adding support for tokens based on both the TRC10 and TRC20 standards. According to Tron’s guide for developers, TRC10 is a technical standard for tokens that are supported …
Adoption / Jan. 16, 2019