South Korean tech giant Samsung has expanded its blockchain and decentralized application (DApp) Software Development Kit with two new services. Galaxy of multi-service blockchain apps Per the press release shared with Cointelegraph on Aug. 6, Samsung has integrated a digital analytics DApp dubbed “Jupiter” and a QR code-based password wallet “Mars” into Galaxy S10 and newer version of Samsung smartphones. Jupiter utilizes TrustVerse’s artificial intelligence powered price prediction and analytics build on Microsoft Azure architecture. The DApp enables users to track volatility of digital assets — including Bitcoin (BTC) and Ether (ETH), among others — by analyzing past records of …

Smartphones manufacturer Samsung and cryptocurrency payments startup Pundi X’s new cooperation will allow users to integrate the XWallet app to their Samsung Blockchain Wallet. In a blog post published on July 29, Pundi X revealed that it has integrated its cryptocurrency wallet solution into the Samsung’s blockchain ecosystem, thus marking growing adoption of blockchain technology. The post reads: “Samsung Galaxy S10 users can move cryptocurrencies stored in the Samsung Blockchain Wallet into the XWallet, which they can then use as a checking account for instant crypto transaction with Pundi X’s global payment ecosystem.” Currently, the XWallet supports digital currencies such …

On July 10, Kim Nam-jin applied for a Trademark 5 (TM5) on the name “Samsung Coin” with the Korean Intellectual Property Office (KIPO). As per the filing, it appears that Nam-jin is seeking to trademark the name in both its Korean spelling in Hangul as well as in English. However, per a July 19 report, a Samsung representative told CoinDesk that Kim Nam-jin is not affiliated with the Korean tech giant Samsung. “We don’t work this way,” the representative apparently said. Additionally, the report says that the trademark was listed under categories including downloadable electronic money computer program, electronic money …

A consortium of major South Korean firms partnered to launch a blockchain-based mobile identification system in 2020, English-language local media Korea Times reports on July 14. Per the report, the participants are financial services firms KEB Hana Bank, Woori Bank, KOSCOM, mobile carriers SK Telecom, KT, LG UPlus and technology behemoth Samsung Electronics. The aim of the partnership is reportedly to develop a self-sovereign identity system that does not require any intermediaries, which would enable individuals and organizations to control their identity information in online transactions. The service aims to allow users to store personal information such as resident registration …

South Korean technology behemoth Samsung announced the release of its blockchain and decentralized application (DApp) Software Development Kit (SDK) in a recent post on its website. Per the announcement, the Samsung Blockchain SDK allows for account management and backup, payment and digital signature facilitation, Samsung Keystore and other cold wallet support. The page dedicated to the SDK also explains that it is a superset of all SDKs, including the Samsung Blockchain Keystore SDK. As Cointelegraph reported in February, the new Samsung smartphone, the Galaxy S10, includes storage for private cryptocurrency keys. In May, rumors started circulating that the tech giant …

Samsung SDS, Dutch bank ABN AMRO and the Port of Rotterdam have jointly conducted a proof-of-concept (PoC) shipment from South Korea to the Netherlands in which they tracked a container exclusively using an interoperable blockchain platform, according to a report by The Maritime Executive on July 1. According to the announcement, the container was tracked via the blockchain platform “DELIVER,” which allowed for the shipment to be instantly financed, fully tracked, and conducted paperlessly. According to Port of Rotterdam CFO Paul Smits, the traditional process of shipping is usually paper-heavy and inefficient: “Currently payments, administration and the physical transportation of …

The IT subsidiary of South Korean tech giant Samsung is launching three new products aimed at addressing clients worries about blockchain, the company confirmed in a press release on June 18. Following what it describes as trouble implementing the technology, Samsung SDS said its new offerings will address core areas of concern among its client base. “When companies apply blockchain technology to their business, they have concerns on Converging services across various industries, connecting different blockchain technologies [...] easy application and expansion of blockchain in timely manner,” the release states. It adds: “Samsung SDS proposes ‘3C’ solutions to solve such …

The vice chairman of South Korean consumer electronics giant Samsung says the firm will seek to collaborate with platform companies on the development of blockchain, artificial intelligence and sixth-generation mobile networks. The news was reported by Bloomberg on June 16. The vice chairman, Jay Y. Lee — who reportedly serves as the firm’s de facto leader — held discussions with Samsung executives to discuss the potential collaborations last week, according to a company statement cited by Bloomberg. A platform company is an initial acquisition by a private equity firm for the purpose of making further acquisitions within a certain sector. …

Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just about every month, reports and announcements of large South Korean companies — including Samsung, Naver and NHN, just to name a few — entering into the blockchain space emerge. Still, South Korea is one of the most advanced markets in the blockchain and cryptocurrency industry. The first indication comes from how dominant Korean exchanges were during the crypto bull run of 2017, with crypto prices almost always trading at a …

Budget smartphones released by South Korean consumer electronics giant Samsung will reportedly feature cryptocurrency and blockchain features, local English-language local media Business Korea reports on May 14. Per the report, the crypto and blockchain-related functionality included in the Samsung S10 will be included in other Galaxy smartphone models. The electronics producer also reportedly plans to cooperate with telecommunications companies on blockchain-based mobile identification cards and local currencies. Chae Won-Cheol, senior managing director of the product strategy team at Samsung Electronics' Wireless Business Division, reportedly said: “We will lower barriers to new experiences by gradually expanding the number of Galaxy models …

Consumer electronics giant High Tech Computer (HTC) is rolling out in-wallet cryptocurrency trading for users of its Exodus 1 smartphone, according to a press release shared with Cointelegraph on May 14. HTC, which this week announced a low-cost version of its blockchain smartphone would appear around Q3 2019, now allows Zion Vault users to swap between various cryptocurrencies. The feature comes as a result of a partnership with Kyber Network, a dedicated platform for cross-token trading solutions. Swaps involve a selection of Ethereum (ETH)-based ERC-20 tokens, including basic attention token (BAT), kyber network (KNC) and dai (DAI), and removes the …

The president and CEO of Samsung SDS — an IT and consultancy subsidiary of the South Korean tech conglomerate Samsung Group — has revealed the firm is including blockchain as one of the key technologies for its “Digital Transformation Network.” The development was revealed during president and CEO Hong Yuan Zhen’s keynote speech at Samsung’s Real 2019 event in Seoul on May 8. In a press release accompanying the event, Samsung outlined that its Digital Transformation Framework aims to leverage technological solutions in support of digital innovation for sectors such as manufacturing, marketing/sales and management systems, among others. Among its …