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It is reported, that Samsung has added the support of TRX to its DApp store. According to the Samsung Developers website, Samsung Blockchain Keystore SDK v1.2.0 now contain APIs that allow TRX transactions.

It is reported, that after integration with major cryptos, the Samsung added 3 stablecoins to the list of coins supported by the Galaxy S10 device. According to the report, Samsung’s new smartphone now supports TrueUSD (TUSD), Maker (MKR) and USD Coin (USDC).

According to the reported, in South Korea someone have tried to take advantage of

According to the reported, in South Korea someone have tried to take advantage of Samsung’s blockchain effort to register the “Samsung Coin” trademark. It is reported, that according to Korean Intellectual Property Office on 10th of July an n individual called Kim Nam-jin submitted an application to register the trademark in English and Korean languages. As per report, the Samsung representative said that the company has nothing to do with that application.

It is reported, that Samsung has plans to collaborate with platform companies on the development of blockchain, artificial intelligence and sixth-generation mobile networks. According to the report, the decision to implement advanced technologies such as blockchain and 6G comes because of intensive and structural changes in the technology industry.

It is reported, that multinational conglomerate Samsung invested $2.9 million into hardware crypto wallet manufacturer Ledger. According to the report, the investment was confirmed by the Ledger spokesperson, but besides the investment amount no other details were disclosed.

According to the press release, that new Samsung smartphone, Galaxy S10, will include storage for private cryptocurrency keys. It is reported, that the Galaxy S10 is created with defense-grade Samsung Knox, and with the secure storage backed by hardware, which keeps users’ private keys for blockchain-enabled mobile services.

The national banking group of South Korean banks will launch a customer ID verification powered by blockchain technology in July. The new “BankSign”, is a blockchain-based identity verification platform that will enable retail domestic banks to improve a 20-year old verification system with digitization in both online and mobile banking. The platform is built on on top of Nexledger, a private enterprise cloud computing platform developed by Samsung SDS – the IT subsidiary of South Korea’s biggest conglomerate, Samsung.

The significant year on year profit growth of $14 bln is mainly a reflection of growing demand for chips used to mine Bitcoin. The company started producing ACIS chips in January this year and is planning to invest further into the development and improvement of such chips for smartphones and mining devices.