Samsung news-Page 3
Gemini Exchange Partners With Samsung
U.S. crypto exchange Gemini has partnered with technology giant Samsung Electronics for wallet integration. The partnership means U.S. and Canadian customers can use the Samsung Blockchain Wallet in conjunction with Gemini's mobile application, a statement provided to Cointelegraph said. The first U.S. crypto partnership The partnership is reportedly the first of its kind. "Gemini is the first U.S. crypto exchange and custodian to partner with Samsung," the statement said. Cointelegraph reached out to Samsung to confirm details of the partnership, but did not receive a response as of press time. This article will be updated as necessary, pending a response. …
Business / May 28, 2020
As Theta Mainnet 2.0 Launches, What’s Behind Its Massive Rally?
Crypto-powered Esports streaming app Theta continues to rally ahead of its mainnet 2.0 launch, gaining 150% in the past two weeks. All told, the Theta Token, is up nearly 1,300% since the ‘Black Thursday’ crash of mid-March. In addition to its forthcoming technical upgrades, Theta’s rally appears to have also been fuelled by a series of partnerships with major media platforms, including Android TV and Samsung. Theta is a crypto-powered 24/7 streaming service showcasing live Esports, World Poker Tour tournaments, and major blockchain and cryptocurrency conferences including Consensus and the Crypto Asia Summit. Users are rewarded for activity and engagement …
Technology / May 27, 2020
Samsung’s New Chip to Secure Crypto Transactions on Mobile Devices
South Korean tech titan Samsung announced a standalone turnkey security solution that secures cryptocurrency transactions on smartphones and tablets, according to the press release issued earlier today. The solution consists of a Secure Element (SE) chip S3FV9RR and “enhanced” software. It is designed to secure the booting process, isolated storage and mobile-based payments. The new SE chip is certified with Common Criteria (CC) EAL 6+ security standard, which is used in applications with the most rigorous security requirements, namely e-passports and cryptocurrency hardware wallets. It can thereby be used in any mobile device, and will work independently from the device's …
Adoption / May 26, 2020
Samsung Pay Now Supports Swipe's Cryptocurrency Visa Cards
Cryptocurrency Visa card platform Swipe announced a partnership with Samsung Pay on May 1. The integration allows Samsung Pay users to make payments from their Swipe Visa card balances using Samsung Pay-enabled devices. The firm claims to have become the first digital wallet platform to provide multi-national support for both Google Pay and Samsung Pay. The integration allows Swipe cardholders in the United Kingdom and European Union to make payments from their crypto balances at over 50 million locations globally. Swipe COO John Khenneth, told Cointelegraph that the firm’s relationship with Samsung was formed through mutual issuing bank Contis Financial. …
Business / May 1, 2020
Samsung-Backed DLT Firms Launch Blockchain Consortium for MEASEA Region
Aergo and Blocko, two blockchain firms backed by both Samsung and Sequoia Capital, announced the launch of a regional consortium intended to bolster the adoption of innovative technologies across the Middle East, African, and South East Asian (MEASEA) regions on April 27. The organization, Execution Intelligence Group (E24P) seeks to promote ‘smart’ governance, tourism, supply chain, and finance solutions that leverage blockchain coupled with artificial intelligence (AI). Currently, E24P comprises Aergo, Blocko, remittance startup Topos, Abu Dhabi’s Al Nahyan family — one of the United Arab Emirates’ (UAE) six ruling families, and “a leading UK and China-based research institute.” DLT …
Blockchain / April 28, 2020
Tron DApps Arrive on the Samsung App Store
The Tron (TRX) project announced on April 27 that apps built on its blockchain will be featured in the Samsung Galaxy Store. Owners of Samsung smartphones in specific countries will see Tron decentralized apps, or DApps, in an alternative app store. Tron and its tokens were already supported by Samsung’s Blockchain Keystore, which stores private keys in a secure memory compartment. The integration was announced alongside Bitcoin (BTC) and Ethereum (ETH). As indicated by Tron, the Samsung store will feature “applications like Blockchain Cuties, Super Player, Meerkat Mining and Timeloop.” It is worth noting that Blockchain Cuties is a multi-platform …
Business / April 27, 2020
Cybersecurity Experts Warn Against Popular Phones and Losing Fingers to Criminals
Speaking at the RSA Conference in San Francisco, cybersecurity experts Aaron Turner and Georgia Weidman discussed two-factor authentication and biometrics as means to securing one’s phone. Although they concur that the two-factor authentication is the way to go, there are certain caveats. Authenticator apps like Google Authenticator generally provide better security than SMS-based schemes, however, they are only as good as the devices running them. iOS v. Android — safest phones Turner also dispels the myth that iPhones are more secure than Android devices and warns against iPhones that run anything but the latest iOS 13. Amongst android smartphones, he …
Blockchain / March 2, 2020
South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System
A major blockchain identification project backed by South Korean tech giant Samsung is being rolled out for first commercial use. South Korea’s NongHyup (NH) Bank has introduced a blockchain-based mobile ID system developed within a tech consortium established by major local firms including Samsung Electronics and LG Uplus. According to a Feb. 25 report by South Korea’s news agency JoongAng Ilbo, NH Bank is jointly implementing the new ID system with South Korea's largest wireless carrier, SK Telecom. NH Bank held a blockchain ID card demo with 20 executives According to local reports, NH Bank president and CEO Lee Dae-hoon …
Blockchain / Feb. 27, 2020
Samsung Keeps Cryptocurrency Functionality in Galaxy S20 Models
South Korean technology giant Samsung recently unveiled its latest smartphone series, the Galaxy S20, at the Unpacked 2020 event in San Francisco. While the headline feature is undoubtedly the new camera, according to the official marketing material the phone will also improve on the integrated blockchain security features introduced a year ago on the Galaxy S10. Security is still a highlight After copious details regarding the new camera, and briefly mentioning 5G, battery life and storage, Samsung highlights the new phones’ security features. These build on the Knox platform, a defense-grade security solution which stores private keys in a secure …
Adoption / Feb. 19, 2020
Salesforce and Samsung Add to Earlier $35M Investment in Digital Asset
Venture arms for Salesforce and Samsung participated in a second Series C funding event for a startup called Digital Asset. After gathering $35 million in its first Series C raise that ended in December 2019, Digital Asset decided to run another round, a Feb. 4 press release read. This second Series C funding attracted investment from Samsung Venture Investment Corporation and Salesforce Ventures, among others. “Salesforce Ventures and Samsung joining our Series C financing round demonstrates the potential that technology giants see in DAML as the standard for smart contracts,” Digital Asset Co-Founder and CEO Yuvol Rooz said in the …
Blockchain / Feb. 5, 2020
Alchemy Publicly Launches Its Blockchain API After Raising $15 Million
San Francisco-based blockchain firm Alchemy announced the launch of its public application programming interface (API) after having raised $15 million in its Series A funding round. According to a press release published by the firm on Dec. 17, Alchemy’s platform allows enterprises to build blockchain-based applications. The $15 million funding round was reportedly led by Pantera Capital and has seen participation from the Stanford University — as Cointelegraph reported yesterday — crypto exchange Coinbas, tech giant Samsung, Alphabet chairman John Hennessy, LinkedIn founder Reid Hoffman, Yahoo founder Jerry Yang. The company intends to use the funds to expand into international …
Blockchain / Dec. 18, 2019
Samsung SDS to Use Zero-Knowledge Proofs on Business Blockchain
Samsung SDS, the IT arm of tech giant Samsung, has integrated QEDIT’s zero-knowledge proof solution (ZKP) to its Nexledger blockchain. By applying ZKP, Samsung SDS intends to provide a higher level of privacy for users of its enterprise blockchain platform Nexledger, QEDIT said in a press release on Nov. 14. To apply the technology, Samsung SDS has signed a memorandum of understanding with Israeli privacy-enhancing technology provider QEDIT in Seoul. According to the announcement, the agreement was signed by Jeanie Hong, senior VP at Samsung SDS’ blockchain division, and Jonathan Rouach, CEO and co-founder of QEDIT. Based on ZCP cryptography, …
Blockchain / Nov. 14, 2019