The South Korean-based tech and smartphone giant Samsung doesn’t need an introduction.

The company accounts for nearly 20% of global sales of smartphones and is best known for its Galaxy series of phones.

Crypto integration into S20 phones:

It seems that Samsung is interested in crypto, which is evident through its announced S20 series of phones with the integration of cryptocurrency wallets.

This mostly comes at a time when the anxiety and anticipation in the crypto industry is growing even more as the event of the Bitcoin reward split is approaching and the US is preparing to crack down on the crypto industry.

While other countries are continuing to adopt their own cryptocurrencies, as do China and many others.

Read:Will Tesla Re-accept Bitcoin After Bitcoin Mining Board Quarterly Report?

Samsung’s new line-up of smartphones, the flagship products S20, S20 + and S20 Ultra, have a great deal of crypto-making potential.

These phones, which have 5G connectivity are also built on the S10’s crypto and blockchain support.

Last year, the S10 boasted of crypto support and the S20 was built along the same lines.

Adding security features to crypto keys:

Samsung made it clear, through the public announcement of the S20 phones, that it added specialized resources to its crypto wallet.

The S20s now has a secure processor dedicated solely to protecting the password, pattern, PIN and private blockchain key.

Samsung explained that integrating these features with the Knox system built into the phone ensures a high level of protection through all avenues on the device.

In short, your private data will remain safe.

Another major feature that was introduced last year is the Blockchain Keystore, which is one of Samsung’s included apps as default.

At its inception, it was only able to support Ethereum tokens, as well as coins built on the ERC-20 standard.

Bitcoin support was added to the Keystore in August of last year.

Read:What are the reasons for the rise of the digital currency “CELO” by more than 170% in a short time?

For information, we have already mentioned on the Arab Bitcoin website about how to use the Samsung wallet:

Explain how to use the cryptocurrency wallet in the Samsung S10 phone

Neglect in crypto means hack:

Securing private keys is one of the top priorities in a world called cryptography.

And that’s what Samsung’s Keystore does.

A simple look at history shows that most of the hacks that have occurred on crypto exchanges come mainly from negligence.

In particular, the platform failed to protect the private keys of its various wallets.

Read also:

Samsung Galaxy S10 now supports 32 cryptocurrencies, including Bitcoin

Launching the first blockchain phone at CES 2020