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Samsung Amps up Blockchain Dapp Arsenal With Over a Dozen New Apps

By NexChange
FinTech, Blockchain

In an effort to stay ahead of the competition, Korean electronics giant Samsung has added over a dozen new apps to its blockchain dapp store, writes CoinDesk:

Launched in March 2019, Samsung’s online dapp store, Blockchain Keystore, has grown from an initial four applications to a total of seventeen. The four original dapps included a password wallet, a game, a social media app, and a billing app while new dapps include an assortment of products from social media app Anpan to entertainment app The Hunters, per CoinDesk Korea.

Samsung is steaming ahead in the space. It is one of the first large companies to develop crypto-centric products with the release of the Galaxy S10 this year.

Despite the growing popularity of crypto and blockchain apps, Apple and Huawei – two of Samsung’s fiercest competitors – have yet to launch a crypto wallet. Apple, for its part, has released a ‘CryptoKit’ for iOS 13, hinting at future developments, while Huawei has “no plans to put a cryptocurrency wallet on its smartphone because the Chinese government has not authorized it.”

Interestingly enough, Samsung seems to have some competition on the crypto front from LG. Samsung’s fellow Seoul-based electronics company trademarked the “ThinQ Wallet” earlier last month. The trademark claims that the wallet will offer “transaction, settlement, and e-money services” though insiders believe it to be the “foundation for a crypto wallet and ecosystem.” We’ll see how that goes.

Photo: iStock

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