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Samsung | Cryptocurrency | Blockchain | Smartpone

South Korean consumer electronics giant Samsung will be releasing budget smartphones that will reportedly feature cryptocurrency and blockchain features, as reported by local English-language local media Business Korea on May 14.

The report suggests that the crypto and blockchain-related functionality incorporated in Samsung S10 will also be included in other Galaxy smartphone models as well. Reportedly, Samsung plans to cooperate with telecommunications companies on its blockchain-based mobile identification cards and local currencies.

Chae Won-Cheol, senior managing director of the product strategy team at Samsung Electronics’ Wireless Business Division, said:

“We will lower barriers to new experiences by gradually expanding the number of Galaxy models that support blockchain functions. We will also expand our service target countries af...

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