The total number of accounts generated on blockchain network Tron has exceeded 4 million, its CEO has said. 4 million active users? In a tweet on Nov. 4, monitoring resource TRONSCAN announced that the network’s total account tally was now 4.015 million, a figure which Justin Sun subsequently broadcast. The numbers do not distinguish whether an account is in use or dormant, and in the case of the latter, whether the inactivity is likely permanent. For Bitcoin (BTC), different resources measuring active accounts produce varying results. According to Blockchain, there were just over 463,000 daily active Bitcoin addresses as of …

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 …

Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product. To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a subsidiary of major Indian multinational conglomerate holding company Mahindra Group, according to a press release on Oct. 16. Specifically, the joint initiative will be a combination of Samsung SDS’s enterprise blockchain platform Nexledger Universal and Pega’s digital process automation platform Pega Platform. By integrating Pega’s core product with Nexledger, the firms aim to develop improvements for supply chain systems, the press …

Samsung Pay, the mobile payments service of South Korean tech giant Samsung, has partnered with payments platform Finablr, Ripple’s RippleNet member, to offer cross-border payments feature Money Transfer to its app’s users. Finablr announced the partnership on Oct. 3, claiming that the new feature “offers users seamless and secure cross-border payments to 47 countries through a variety of payout methods, all within Samsung’s native mobile wallet.” Furthermore, United States-based Samsung Pay’s clients reportedly can use their debit or credit cards to send money via the service. Tokenized credentials Per the release, all the fees and exchange rates are included upfront, …

Blocko, a South Korean blockchain provider, launched in the United Arab Emirates after securing $16 million in funding. Building full-scale enterprise blockchain solutions On Oct. 2, Middle Eastern business publication Arabian Business reported that Blocko has partnered with SEED Group, a member of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum in the UAE. Before launching in the UAE, Blocko raised a total of $16 million through two separate funding rounds. South Korea’s oldest bank, Shinhan Bank, as well as KEB Hana Bank, LB Investment and Dadam Investment are among those who participated in the funding round. The …

Electronics giant Samsung filed for a patent in May 2019 titled, “Programmable Blockchain Solid State Drive and Switch.” Even though few details are known about the newly designed system, a surge in patent applications filed by large corporations on blockchain is clearly visible. Related: Bank of America’s Blockchain Foray: Patent Trolling or Hedging Risks? Patent wars — i.e., battles between corporations or individuals to secure patents for litigation — are certainly not new. They have been widely practiced in the tech ecosystem since the times of Alexander Graham Bell at the turn of the 20th century, who was involved in …

Blockchain network Harmony teamed up with a Lithuanian blockchain-powered health app firm to enable fast and secure health data sharing. According to a press release shared with Cointelegraph on Sept. 12, Harmony partnered with Lympo, a company developing an incentivizing platform for healthy lifestyle activities like walking or running, in order to boost the platform’s scalability. LYM tokens supported by Samsung Blockchain wallet Specifically, the Lympo app rewards users with LYM tokens for completing various daily challenges and allows spending the tokens to buy sports goods, gadgets and other products, the press release notes. In July 2019, the company announced …

South Korean tech giant Kakao Corp. will issue its affiliate cryptocurrency, KLAY, direct to Samsung smartphone users. According to the Wall Street Journal (WSJ) citing people familiar with the plans on Sept. 5, the latest edition of Samsung’s new Galaxy Note 10 will feature a cryptocurrency wallet — and free coins. “KlaytnPhone” will come with free crypto KLAY is the in-house token of Klaytn, the blockchain network Kakao revealed in conjunction with its dedicated spin-off, Ground X, in October last year. Speaking to the WSJ, the sources said each edition of Samsung’s Klaytn edition of the Galaxy Note 10 would …

South Korean consumer electronics giant Samsung has filed a patent for a blockchain-enabled solid state drive (SSD). Improving speed and life span Local industry news outlet Decenter reported on Sept. 3 that Samsung applied for the “programmable blockchain solid state drive and switch” patent on Jan. 15, and that it was published on Feb. 2. Details of the newly designed system are sparse, but it will reportedly be used to improve the speed and life span of blockchain-aware storage devices. To achieve this, Samsung intends to use Field Programmable Gate Arrays (FPGAs). FPGAs are devices which can be placed in …

South Korean blockchain startup Blockco has secured 9 billion Korean won ($7.5 million) in a recent Series B+ funding round participated by major local banks. Banks continue interest in blockchain Backed by South Korea’s tech giant Samsung, Blockco announced the investment in a blog post on Aug. 22. The funding round involved South Korea’s oldest bank Shinhan Bank and South Korea's largest foreign exchange bank, Korea Exchange Bank, also known as KEB Hana Bank. Additionally, the new investment was also supported by healthcare-focused venture capital firm LB investment and the venture arm of Seoul-based entertainment startup Dadam Game. Blockco backed …

South Korean tech conglomerate Samsung has quietly added Bitcoin (BTC) support to its decentralized app store, Blockchain Keystore. According to updated information on the Samsung Developers website, the Keystore now supports Bitcoin as well as Klaytn, the cryptocurrency released by Korean internet giant Kakao. Select devices and jurisdictions As the site outlines, Samsung’s Blockchain Keystore is supported by six of its devices — Galaxy S10e, S10, S10+, S10 5G, Note10 and Note10+ — and across six jurisdictions: Canada, Germany, South Korea, Spain, Switzerland, the United States and the United Kingdom. The Keystore was first released in July of this year …

Media company Live Planet has announced plans to imminently launch a blockchain-based virtual reality network — the Blockchain Virtual Reality (VR) Network — that will be used to host crypto and other blockchain-related content. Live Planet shared the development with Cointelegraph in a press release on Aug. 8. According to the announcement, this network will be the first of its kind. The press release additionally specifies that this will be the company’s first application based on VideoCoin Network technology, a blockchain-based piece of media infrastructure the company has been developing. Former Fox Film executive behind the Blockchain VR Network? As …