Home News Use of Blockchain now gets easier on Galaxy devices with support for hardware wallets

Use of Blockchain now gets easier on Galaxy devices with support for hardware wallets

by Ashish

The “Samsung Blockchain Wallet” launched with the Galaxy S10 series has been developed to support some of the most popular cryptocurrencies, including Bitcoin, Ethereum, ERC token, Tron (TRX), and TRC token. It also allows Galaxy smartphone users to explore DApps (decentralized applications) that use blockchain technology to verify the exchange of digital assets.

According to the latest information, Samsung announced that blockchain users can now manage and trade virtual assets through third-party wallets on Samsung Galaxy smartphones. The latest update allows users to access and process transactions by importing virtual assets into Samsung Blockchain Wallet.

Support for hardware wallets provides a consistent user experience for the Galaxy blockchain, making it easier for users to manage encrypted assets. In addition to the Samsung blockchain Keystore, Galaxy smartphone users can now connect their devices to hardware wallets, including Ledger Nano S and Ledger NanoX.

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At the same time, Samsung blockchain wallet users can also keep up with the latest trends in cryptocurrency through the dedicated news source in the app, which features articles from CoinDesk, one of the top blockchain news media.

In order to store and manage virtual assets, equipment must be secure, which is why the defense-grade Samsung Knox security platform makes Samsung’s mobile blockchain solution possible.

In addition, the private keys used for cryptocurrency and DApp have been encrypted and stored in the Samsung Blockchain Keystore. In addition, this information is protected by a secure processor and can only be accessed by providing the PIN or fingerprint of the asset owner.


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