Samsung launches a new smartphone, KlaytnPhone, compatible with blockchains – Report



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The South Korean electronics giant, Samsung, would launch another blockchain-compatible smartphone, dubbed "KlaytnPhone", as a variant of the Galaxy Note 10.

The smartphone will come with a cryptocurrency wallet and blockchain apps installed, and is expected to go on sale today only in South Korea, the Wall Street Journal reported on Thursday, citing "people familiar with the subject" .

KlaytnPhone, named in the honor of Klaytn, the blockchain platform of GroundX, Kakao's affiliate, will sport the Klaytn logo during activation or deactivation, according to the report.

The smartphone should be sold at around $ 1,000. Buyers would also receive a certain amount of "Klay" tokens, the Kalytn native token.

Earlier this year, Samsung launched the Galaxy S10 smartphone, which also offers a cryptocurrency wallet and decentralized applications (dApps). The company also planned to extend these features to Galaxy phones in order to attract more people to blockchain technology.

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