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Samsung Galaxy S10 Bitcoin Wallet Leaked by Insider: Is it Official?

Neironix
January 24, 2019 12:00 AM
795 Views
Samsung Galaxy S10 Bitcoin Wallet Leaked by Insider: Is it Official?

The Galaxy S10 has not yet been released to the public, but Samsung reportedly distributed the model to accessory makers and merchants.

According to Gregory Blake, who released several screenshots of a suspected Galaxy S10 prototype, the new model of the South Korean mobile phone manufacturing giant has an integrated feature called “Samsung Blockchain KeyStore” that enables users to have full control over their private keys and crypto funds.

Once the Blockchain KeyStore is authenticated and enabled on the device, users are able to begin sending and receiving cryptocurrency using the native crypto wallet on the mobile phone.

The screenshot shared by Blake revealed Ethereum as the only supported cryptocurrency on the device, possibly because the phone is still a prototype. However, one image included graphics that appeared to be bitcoins, so it’s likely more currencies would be included at launch.

Verifying that the phone in question is a Galaxy S10, a technology journalist at BGR Chris Smith explained:

We know it’s a Galaxy S10 phone because the punch-hole camera is placed near the top right corner. The A8s’ selfie cam is on the left side. Also, we know it’s a Galaxy S10 phone rather than a Galaxy S10+ model because it features a single-lens selfie camera. It’s clear the handset isn’t the Lite version, because the screen has curved edges, rather than flat.

Previously, CCN reported on Dec 13, 2018, that Samsung plans to integrate a crypto cold storage into its S10 model following the company’s filing of trademarks for Samsung blockchain.

At the time, SamMobile executive editor Adnan Farooqui confirmed that the company is developing a cold storage crypto wallet and intends to integrate it in the Galaxy S10.

If the official Galaxy S10 model launches with a native Bitcoin and Ethereum wallet, it may pose a significant threat to companies such as HTC and projects working on blockchain phones that exclusively support cryptocurrencies.