Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas

Global leader in semiconductor technology Samsung Electronics recently revealed that it has obtained US government funds totaling $6.4 billion to expand its chip manufacturing facilities in Texas. The United States’ ability to produce chips domestically will be greatly enhanced by this huge investment, especially in sectors like aerospace, defence, and automotive. The 2022 Chips and … Continue reading Samsung Secures $6.4 Billion in US Government Grants for Chip Manufacturing Expansion in Texas

Samsung Silently Adds Bitcoin Support for Blockchain Phones

Samsung’s Galaxy S10 range launched in March with the “Blockchain Keystore” feature offering the storage of cryptocurrencies and transactions for Ether and ERC-20 tokens. Samsung recently added Bitcoin to the Blockchain Keystore, on the blockchain-enabled smartphones.   The newly added bitcoin features to the developer kit are available on the S10 models, as well as the Note10 and Note10+ devices.    The … Continue reading Samsung Silently Adds Bitcoin Support for Blockchain Phones

Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

The electronics giant Samsung, according to a press release on September 2, has revealed its intentions to present it’s blockchain-based corporate strategy next month at the annual Samsung Developer Conference 2019 in San Josè, California. The annual Samsung Developer Conference This recent update made by Samsung was followed by a move made last week, where … Continue reading Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

Samsung Users Can Now Access TRON Blockchain Network from Their Devices

Blockchain is currently one of the most hyped and widely discussed technologies. This time around, the technology is rocking the telecom industry. Although blockchain technology carries the potential to disrupt business models in telecoms, it can enhance efficiencies and transparency in the process. Mobile phones with blockchain network are on their way to becoming a reality. Already, … Continue reading Samsung Users Can Now Access TRON Blockchain Network from Their Devices

Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung SDS, a division of the South Korean tech giant that provides IT solutions, has partnered with Israel-based fintech and payment service provider Credorax, to tap the European payments market. The two firms will work together to build a blockchain-based settlement solution, which helps automate account reconciliation for European merchants and banks. Inside Samsung’s Quest … Continue reading Samsung Collaborates with Israel’s Credorax On Automated Blockchain Platform For Merchants

Samsung Launches New Secure Element Chip to Enhance Data Protection for Crypto Transactions

South Korean tech giant Samsung has announced a new revolutionary turnkey security solution to secure cryptocurrency transactions on its smartphones and tablets. Cryptocurrency transactions are one of the primary purposes of Samsung’s new Secure Element chip, which is expected to be available in Q3 2020.  The solution involves a Secure Element (SE) chip S3FV9RR, which … Continue reading Samsung Launches New Secure Element Chip to Enhance Data Protection for Crypto Transactions

Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption

Gemini, a leading American crypto exchange, has struck a deal with tech giant Samsung Electronics to bring crypto closer to Samsung Blockchain Wallet users in Canada and the United States. According to the announcement shared with Blockchain.News, this integration will make users connected to the Gemini mobile app where they can buy, sell, and trade … Continue reading Gemini Exchange Inks Deal with Samsung to Boost Crypto Adoption

Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko

It is a known fact that blockchain technology can help drive a tremendous change in the financial services sector. Central Banks are developing future-oriented economies and are devising means to align with the drastic changes that blockchain technology and digital assets are driving. While some are actively developing their state-backed digital currencies, Middle East powerhouse, … Continue reading Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko

Bank of Korea Acquires Samsung-Backed BankSign Blockchain Platform, Seeking to Deploy the Platform at Local Banks

The Bank of Korea has signed a memorandum of understanding with the Korea Financial Settlement Service (KFSS) to take over the management of BankSign blockchain authentication certificate service. In 2018, the Korean Federation of Banks collaborated with Samsung SDS, a subsidiary of Samsung Group to launch the BankSign to offer blockchain solutions to local banks. … Continue reading Bank of Korea Acquires Samsung-Backed BankSign Blockchain Platform, Seeking to Deploy the Platform at Local Banks

Samsung Adds New Crypto Feature to Their Devices with “Stellar” Blockchain

Samsung device users can now securely store the private keys of their cryptocurrency wallet on their phone, with a recent add-on feature by the Stellar Development Foundation (SDF).  Stellar Feature for Samsung  Stellar, an open-source blockchain network developed by the SDF, has now been added to the Samsung Blockchain Keystore. The blockchain platform was developed by the non-profit organization in 2014. SDF’S ultimate goal is to revolutionize the digital economy by empowering Stellar users and making cryptocurrency … Continue reading Samsung Adds New Crypto Feature to Their Devices with “Stellar” Blockchain

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