Samsung rejects the Crypto Galaxy S10 wallet as "Rumor and speculation"

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Samsung has denied rumors that it intends to offer a cold cryptocurrency portfolio on its Galaxy S10 smartphone, in the comments to Cointelegraph on December 11th.

The transnational technology conglomerate based in Korea recently deposited three E.U. brands for blockchain- and cryptocurrency software Dec. 10. As reported by the Samsung SamMobile community news sharing site today, December 11th, trademark applications are part of alleged plans to offer a cold cryptocurrency portfolio on the Galaxy S10 smartphone, but this suggestion was quickly denied by Samsung in private correspondence with Cointelegraph:

"Unfortunately we are not able to provide any information as the following is rumors and speculation."

The three E.U. trademark applications appear on the website of the European Intellectual Property Office (EUIPO) and are entitled "Blockchain KeyStore", "Blockchain key box" and "Blockchain Core" respectively.

All three were archived under the "Smartphone" brand category; Software applications for use with mobile devices; Computer software platforms; Application ", but reveal few details about the services or applications proposed.

Furthermore, SamMobile has further "confirmed" that the brands are part of the development of a Samsung cold proprietary portfolio, which "could be launched" with the company's Galaxy 10 smartphone. In particular, a previous "exclusive" news from SamMobile two years ago – which claimed that Samsung would abandon its 3.5mm headphone jack from the Galaxy S8 model – was not true.

As reported earlier, the Taiwanese consumer electronics manufacturer HTC has announced the release of the "first native blockchain" this May, with this week's news that the decentralized Brave browser will be the native browser of the blockchain phone. 39; company, known as "HTC Exodus 1" ".

Samsung SDS – the IT and technology subsidiary of the conglomerate – meanwhile has made its way into the blockchain space through a partnership with the main Dutch bank ABN AMRO on a pilot to use the technology for shipping. This summer, Samsung SDS launched its blockchain financial asset platform, as well as a further blockchain deployment to the logistics industry.

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