Samsung Electronics is releasing a brand new version of its Galaxy Note 10 smartphone that may include a pre-installed cryptocurrency pockets in its bid to additional increase adoption for blockchain.
In accordance to a Wall Avenue Journal article on Thursday, the brand new product is a variant of Samsung’s flagship product Galaxy Note 10 however marketed as a “KlaytnPhone,” named after a blockchain community developed by messaging big Kakao.
To be bought on Thursday solely in South Korea, the brand new version’s specification won’t differ from current Galaxy Note 10 however will include blockchain apps and a crypto pockets, the report stated. Patrons of KlaytnPhones may even receive a specific amount of the Klaytn blockchain’s native cryptocurrency Klay.
The report added that whereas blockchain apps on the Klaytn community at the moment are obtainable for non-Samsung telephones by way of Google’s Android system, solely the Klaytn version will help full-scale transactions on the Klaytn community.
The KlaytnPhone is one other step taken by Samsung to widen its efforts on boosting cryptocurrency adoption. In accordance to the report, Samsung has joined Floor X to launch the version, which was arrange by the South Korean messaging big Kakao to develop the Klaytn community.
Whereas the Klaytn community has gone reside since June this 12 months, its native crypto Klay has not but been listed on exchanges for buying and selling.
Samsung first revealed a crypto-friendly flagship smartphone in March this 12 months dubbed S10, which is available in with digital wallets that help cryptocurrencies like ether (ETH) and ethereum-based ERC20 tokens.
Samsung Electronics picture by way of Shutterstock