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21 HOURS AGO

By
Ana Berman

Unconfirmed: Crypto Startup Enjin


to Back Rumored Samsung Galaxy
S10 Blockchain Wallet
15144Total views
399Total shares
Listen to article
2:38

NEWS

South Korean crypto company Enjin Wallet has reportedly been appointed
by Samsung to back a blockchain wallet in its new Galaxy S10 smartphone, anonymous
sources told Asia Crypto Today on Monday, Feb. 25.

The anonymous interlocutors provided an image to the outlet that was purportedly
posted by Tworld — Korea’s second largest telecom company. The screenshot shows
the Enjin wallet being used in the Galaxy S10 for Ethereum (ETH) transactions. The
image also features Enjin coin (ENJ) and Basic Attention Token (BAT) — an Ethereum-
based token used in digital advertising.
Enjin Wallet reportedly used in Samsung blockchain keystore. Source:
asiacryptotoday.com

According to sources familiar with the matter, the Enjin Wallet will be installed in the
Galaxy S10, which is expected to be used by over 31 million users, Asia Crypto Today
states. The wallet can reportedly be used to send and receive ERC-20 tokens and ERC-
1155 crypto game assets.

Samsung is reportedly relying on decentralized technology in order to secure the


distribution of data, manage and share content, and manage digital assets, including in-
game ownership, and transactions, the publication notes.

Enjin is known for launching the ERC-1155 token — an asset class used to purchase and
sell digital items in video games and establish digital ownership. The company’s wallet
is now available on iOSand Android, supporting all ERC-20 and ERC-1155 tokens and
allowing users to exchange digital assets.

Samsung introduced its new flagship Galaxy S10 on Feb. 20. The company revealed that
the smartphone will have storage for private cryptocurrency keys, but a crypto wallet
was not mentioned despite the previously denied multiple rumors regarding the
phone’s possible configuration and support for cryptocurrency wallets
and decentralized applications.

However, Heslin Kim, a cryptocurrency analyst from South Korea, later shared a
video in his Twitter account, claiming it was a Galaxy S10 blockchain tutorial and
providing instructions on using an integrated blockchain wallet. According to Kim,
Samsung avoids mentioning the wallet in an attempt to “keep Apple on their toes.”

The information on the integrated blockchain wallet is also reportedly confirmed by


Coindesk Korea, whose reporters have managed to allegedly test the smartphone in
Samsung’s flagship D’light store in Korean capital Seoul.

By press time, neither Enjin nor Samsung has responded to Cointelegraph’s request for
comment.
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 #Blockchain News
 #Cryptocurrencies
 #Android
 #Wallet
 #Ethereum
 #Samsung
 #South Korea
 #Tokens
 #ERC-20
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