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    Home » Samsung's Blockchain Keystore adds support for Bitcoin

    Samsung's Blockchain Keystore adds support for Bitcoin

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    By BlockchainJournal on August 14, 2019 News
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    Samsung has added Bitcoin support to the Blockchain Keystore platform, which allows users to work with private keys, use digital signatures, and carry out cryptocurrency transactions. This follows from the changes in the description of the platform on the official website.

    So, Blockchain Keystore allows you to create, store and manage private keys, as well as import already created from third-party applications. The platform also provides the ability to work with applications that require the use of a private key, by authorizing a digital signature for transactions or purchases.

    Moreover, all interactions between trusted applications occur within a trusted runtime environment, which ensures maximum security.

    Note, Blockchain Keystore also supports Ethereum, some ERC and Klaytn tokens from South Korean technology giant Kakao.

    It is worth adding that the platform is available only in the following jurisdictions: South Korea, Canada, Germany, Spain, Switzerland, the USA and Great Britain, and also only for Galaxy S10e, S10, S10 +, S10 5G, Note10 and Note10 + devices.

    Recall that in February of this year, Samsung introduced the Blockchain KeyStore, as well as its own cryptocurrency wallet.

    In July, the company announced the release of a beta version of the software development kit (SDK) based on the Ethereum blockchain for the latest line of Galaxy smartphones.

    Samsung is expected to introduce Samsung Coin's own token in 2020.

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