Samsung Electronics company will present its blockchain related developments at SDC Developer 2019. The event will be held in San Jose (California state) in this October.
Many people have already noticed that Korean giant is familiarizing itself with blockchain technology and its potential. The vice president of Samsung Electronics Jay Lee disclosed this moment in detail in the roadmap, which was published 3 months ago. At the same time it became known that the company invested in cryptocurrency hardware wallets.
At SDC Developer conference, that will happen next month, Samsung will present “Blockchain Key Store and Wallet” together with other products. On the whole, the company realizes that blockchain is the technology of the future, so it desires to be ahead of its competitors in the decentralized apps ecosystem. Investment platform notes, that recently Bitcoin support has been added at Samsung Blockchain Key Store SDK.
If we take into account a fact that at the conference will predominantly present American developers of smartphones, we will conclude that Samsung is going to tell about a concept of blockchain-phone. In the future the company want to carry many dApps on its mobile devices. However, the main question stays open – will Korean giant create its own blockchain or not.
The concept of blockchain-phone exists not so long, but recently interest in it has increased greatly. For example, a couple days ago another industrial giant China Telecom has announced that it is going to create ” blockchain-phone with 5G support” for more than 125 million of its users.