Samsung Galaxy S20


The new Galaxy S20 series phones from Samsung Electronics will come with the same cryptocurrency management features of the previous models. Consequently, Samsung's new models will have support for bitcoin (BTC), ethereum (ETH), and TRON (TRX).

Introducing the Samsung Galaxy S20 series recently, the Korean manufacturer said phone security systems include a new "secure processor dedicated to protecting the PIN, password, pattern and private key to access the blockchain."

Although Samsung gives much more relevance in its website to features such as improved battery life or the capabilities of the S20 camera, references to private keys suggest that Samsung's new S20 model will continue to have the same features of cryptocurrency management that were in the previous models. On the other hand, cryptocurrency private key storage will be available as standard across the entire Galaxy S20 series range.

Samsung started support for cryptocurrencies in March 2018, when it integrated a portfolio into its then model, the Galaxy S10. In July, the company introduced a development kit that allowed third parties to create decentralized applications (dApps) specially designed for the phone. One of these applications allowed users, for example, to pay for goods and services in cryptocurrencies by scanning a merchant's QR code.

When it was initially launched included in the Galaxy models, the wallet was only compatible with ER20 ether and tokens, but Samsung in September added support to Bitcoin and TRON in October. Although initially it was exclusive to the S10 series, the company said in May that it wanted to "lower the barriers" and add support to cryptocurrencies for some of its cheaper models. The S20 series is expected to go on sale next March 6.


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 9 months ago Reveal Comment