Stellar has announced a partnership with Samsung to create compatible applications for their store, the so-called Keystore.
Stellar is live in the Samsung Blockchain Keystore! We're partnering with Samsung to recruit and support developers in the ecosystem and create compatible apps and services. @dstoq @NodleIoT @satoshipay @litemintHQ are already on board.
Read more here: https://t.co/3XWyJFyllx
— Stellar (@StellarOrg) July 15, 2020
Thanks to the Stellar Development Foundation (SDF), a non-profit organization that supports the development and growth of the Stellar (XLM) network, it will be possible to integrate the blockchain into the Samsung Blockchain Keystore and thus allow users to store their private keys directly on their Samsung devices in complete security.
In fact, it will be possible to use the various existing apps such as Nodle, SatoshiPay, Litemint and others to operate the Stellar blockchain, as they will use and integrate the SDKs made available by Samsung itself.
Support for Stellar also includes hiring developers from both sides and thus increasing the offer of applications of this kind, as Samsung can be a real catalyst for the blockchain world, as commented by the CEO of SDF, Denelle Dixon:
“Stellar’s integration into the Samsung Blockchain Keystore is a significant step for our network and the incredible ecosystem of applications built on this platform. Samsung provides a key management solution that is user-friendly and drives greater adoption of blockchain technology. With this integration, we’ve opened up to a new network of users that can benefit from the combined innovation of Stellar and Samsung. It’s just the beginning as we work together to empower more developers and users to leverage blockchain and the capabilities presented by this integration.”
Moreover, it should be noted that Samsung itself has already established important partnerships with the blockchain world, such as the dApps (decentralized applications) of TRON (TRX) or the integration of the Gemini exchange, hence a real long-term project.
Furthermore, Samsung’s SDK also supports the Ethereum (ETH), Bitcoin (BTC), Klaytn (KLAY) and Tron (TRX) blockchains, along with Stellar (XLM).
As for the price of XLM, there is a recovery in the price of the asset that now reaches $0.09 and is at the 14th position of CoinMarketCap with a market capitalization of just under $2 billion.