Samsung is preparing its first blockchain mobile with encrypted cryptocurrency wallets

Blockchain smartphones are far from being a trend, but Samsung can be one more to launch such a device that is prepared for encryption. At least that’s what three of the company’s trademark applications suggest in connection with the topic discovered on the Galaxy Club website. Following the way of HTC and Sirin Labs, it now seems that Samsung has also started manufacturing blockchain phones by filing three European trademark applications for smartphone features based on this technology.

Discovered by the Galaxy Club, Samsung’s registered trademarks are “Blockchain KeyStore“, “Blockchain key box” and “Blockchain Core“, so regarding the confirmation, there doesn’t seem to be much doubt about this issue.

Trademarks indicate ways to store public or private keys so that it can be another service or hardware that will be added to your mobile phone in the future. According to the website, the new platform would be divided into two parts, one with a cold wallet, public and private keys and authentication of private keys for transactions and the other with a wallet, transaction history and access to account information.

Samsung mobile cryptocurrency wallets

The company has not yet made a statement on the subject, but the documents suggest that the brands are applied to “smartphones; software applications for use with mobile devices; computer software platforms and application software”.

The secure storage of information, for example using cryptocurrency encryption keys and blockchain, is becoming increasingly important in a world where privacy is becoming crucial and Samsung seems to be beginning to recognize it clearly.

At the moment we don’t have any launch dates or technical features of any kind, but it is quite possible that we will see novelties in this sense in the first months of 2019.