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Samsung Blockchain Wallet Now Supports Third-Party Hardware Wallets

Kiyan May 14, 2021 2 min read

Samsung Blockchain Wallets already support Bitcoin, Ethereum, and more such cryptocurrencies

Samsung Blockchain Wallet Now Supports Third-Party Hardware Wallets

Samsung Blockchain Wallet can now manage and exchange cryptocurrencies from third-party hardware wallets by upgrading to a compatible Galaxy smartphone. Galaxy smartphone users can also use a dedicated application to learn about the latest trends in the cryptocurrency system.

Important news. Blockchain wallets are already compatible with Bitcoin, Ethereum, and other cryptocurrencies. Samsung’s blockchain wallet update has been announced on its news page. The location is good. In addition to the Samsung blockchain Keystore,

Galaxy smartphones can now also be connected to hardware wallets such as Ledger Nano S and Ledger Nano X. Since Samsung released the Galaxy S10, as mentioned above, it has supported Bitcoin, Ethereum, ERC token, Tron (TRX), and TRC token. …In addition, Galaxy users can explore decentralized applications or DApps that use blockchain technology to authenticate digital asset (also known as cryptocurrency) transactions.

Samsung claims that its Samsung blockchain transactions use the Samsung Knox security platform to provide defense-level security protection. The press release said: “The private keys used for cryptocurrency and DApp have been encrypted and stored in a segregated area of ​​the host operating system called Samsung Blockchain Keystore.

””This information is protected by a secure processor and can only be accessed by providing the PIN or fingerprint of the asset owner. Using the API reserved for each accounting system, it is easy to store and manage blockchain accounts and process transactions. It also provides With APIs, these APIs allow DApps to use third-party hardware wallets to securely sign the transfer of virtual assets. “To learn more about Samsung’s blockchain wallet and Galaxy’s blockchain ecosystem, please visit the Samsung website.

Tags: blockchain Hardware Samsung Wallets

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