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Galaxy S20: Samsung’s Newest Flagship Smartphone Still Support Blockchain Security Features

The brand new flagship smartphone from Samsung has recently unveiled at the Unpacked 202 event in San Francisco earlier this month. Besides the new features everyone is thrilled about like the brand new camera setups, better battery life, and 5G network support, there is another feature crypto fans might be looking forward to. First introduced a year ago with the current models’ predecessor, the Galaxy S10, a first-ever smartphone built-in integrated blockchain security system is also present with this year’s latest model.

With smartphones becoming more and more of an essential part of everyday life. People store various private, and often valuable, data on their smartphones. Samsung highlights the phone’s security features which were built on the Knox platform, offering a high-security processing system that stores passwords and private keys in a secure area.

“We created a secure processor dedicated to protecting your PIN, password, pattern, and Blockchain Private Key. Combined with the Knox platform, security is infused into every part of your phone, from hardware to software. So private data stays private,” Samsung states.

Last year when Samsung first announced the Knox platform in the Galaxy S10, together, Samsung also introduced the Blockchain Keystore, the secure software used to hold users’ private keys. Initially, the Samsung Blockchain Keystore only supported Ethereum, but they have added the support for Bitcoin later on.

To see Samsung carry on with its blockchain wallet and Keystore technologies in their newer flagship models can be taken as the emphasis on their commitment to support and drive mass adoption of cryptocurrency and blockchain to the public.

You may also want to read: South Korea Invests $16M in Building Digital Assets Experts

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NewsFirstLine is a global leading blockchain and crypto news provider, covering daily news on the latest tech and trading developments in blockchain, crypto, Web3, fintech and technology.

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© Copyright of Novum Global Consultancy Pte Ltd {2020, 2021}. All rights reserved.

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