New Samsung Galaxy Phone Confirms Private Key Storage for Cryptocurrency



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In the past, we have heard many rumors that the new Samsung Galaxy phone could support cryptocurrency and blockchain technology.

Today, it has been confirmed that the new Samsung Galaxy phone will actually have a private key.

The company said its Galaxy S10 will allow users to securely store private cryptocurrency keys. By the press release:

"Security: The Galaxy S10 is built with a Samsung Knox-level defense, as well as a hardware-backed secure storage, which hosts your private keys for blockchain enabled mobile services."

Earlier this year, images from Samsung's flagship device, the Galaxy S10, showed cryptocurrency support in the device. The "Samsung Blockchain KeyStore" is described as both "a safe and convenient place for your cryptocurrency" and a place to "secure and manage your Blockchain private key".

samsungs10

Previous leaks in December suggested Samsung's Galaxy S10 would include a wallet application with two parts: a cold wallet to store cryptocurrency and private keys, and a hot wallet for cryptographic transactions.

Pre orders for the phone

Pre-orders for the Galaxy S10, Galaxy S10 + and Galaxy S10e start tomorrow, February 21, 2019, at 12:01 am ET. Consumers who pre-order a Galaxy S10 or Galaxy S10 + between February 21, 2019 and March 7, 2019 will receive a free Galaxy Buds (value of $ 129.99). Consumers who redeem eligible device on samsung.com or the Samsung Shop App can also get up to $ 550.18

The Galaxy S10 5G will be available exclusively through Verizon Wireless for a limited time in the first half of 2019. The AT & T, Spectrum Mobile, Sprint, T-Mobile and Xfinity Mobile launches will be launched on a one-time basis. later this summer.

Other new features include the Galaxy S10's new artificial intelligence software, which automatically optimizes the battery, processor, RAM and even device temperature according to your phone usage, and continues to learn and to improve with time. By taking advantage of the capabilities of artificial intelligence, the Galaxy S10 also learns how to use your device to launch more quickly the most frequently used applications.

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