BGR, which is a renowned U.S.-based tech publication, reported that a Samsung insider leaked pictures of the new Galaxy S10 model equipped with a native Bitcoin [BTC] crypto wallet. The Galaxy S10 for now has been not yet revealed to the general public, however Samsung reportedly distributed the model to accessory manufacturers and merchants.
Does Samsung Galaxy S10 Have An Inbuilt Crypto Wallet?
As per Gregory Blake, who revealed screenshot images of a suspected Galaxy S10 device prototype, the new model of the Korean tech giant has an integrated feature referred to as “Samsung Blockchain KeyStore” that permits users to own full management over their personal keys and crypto funds.
Once the Blockchain KeyStore is verified and enabled on the device, users would be able to begin transferring and storing their crypto assets using the native builtin crypto wallet on their device.
The ‘screenshot images‘ released by Blake also reveal Ethereum [ETH] as solely supported cryptocurrency on the device, probably as the phone is still a prototype. However, one image enclosed graphics that seemed to be bitcoins, thus it seems that additional currencies are also expected to be included at its launch.
Verifying whether the phone in the revealed screenshots is a Galaxy S10 device, a technology journalist at BGR named ‘Chris Smith’ added that:
“We know it’s a Galaxy S10 device as the punch-hole camera is placed close to the top right corner. The A8s’ selfie cam is on the left facet. Also, we all know it’s a Galaxy S10 phone instead of a Galaxy S10+ model as it offers a single-lens selfie camera. It’s clear the device isn’t the Lite version, as the screen has curved edges Design, instead of flat.”
As earlier ‘reported‘ in Dec. last year, Samsung has its upcoming plans to integrate a crypto wallet storage into its S10 device following the company’s filing of trademarks for the Samsung blockchain.
However at the time, SamMobile chief editor named ‘Adnan Farooqui’ confirmed that the corporate is developing a cold storage crypto wallet and intends to integrate it within its Galaxy S10 devices.
Is This Integration Story Genuine Or Just A Fluke?
Earlier in July last year, Samsung Insights revealed that the foremost secure device to run a cryptocurrency wallet on is a mobile device due to the presence of a TEE [Trusted Execution Environment].
Rather than laptops, PCs, and several other types of devices, smartphones have a native environment that operated independently of the memory and storage. As such, data stored in an exceedingly TEE can’t be altered by the OS [Operating System], fully eliminating the likelihood of a security breach affecting information stored within the trusted environment.
By utilizing a TEE on a mobile device, a crypto asset wallet could operate way more firmly and efficiently thanlaptops and desktops, that still remain as a well-liked platform for wallets and exchanges but with the correct wallet leveraging the benefits of smartphone device’s TEE, there’s no other place safer to ‘store your money‘.