New partnerships for the Samsung Blockchain Wallet
New partnerships for the Samsung Blockchain Wallet
Blockchain

New partnerships for the Samsung Blockchain Wallet

By Alfredo de Candia - 22 Jul 2020

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New partnerships are coming for Samsung, these will involve the Samsung Blockchain Wallet.  

The first news concerns a partnership with Decentraland (MANA), a platform that allows users to create their own virtual world using the Ethereum (ETH) blockchain and also create their own objects, which are real NFTs (Non Fungible Tokens).

The partnership stipulates that the Decentraland marketplace will be available on the Samsung Blockchain Wallet. On it, users will be able to trade and sell, as well as store both LAND and NFTs generated within Decentraland.

As a result, Samsung has established a relationship with the gaming world, thanks to a smartphone capable of supporting this type of use and running decentralized applications (dApps).

Samsung and Blocko

The other partnership that has been formed by Samsung is with Blocko, a project launched back in 2014, and which has become the reference company in South Korea.

Blocko has launched its own blockchain, AERGO

Thanks to the Samsung Blockchain Wallet, which is now present in all Samsung devices since the S10, AERGO will support:

  • The implementation of the mainnet and the integration of the public blockchain;
  • The development of a business model;
  • Several monitoring tools that will be carried out through AERGO’s Merkle Bridge technology, as well as a technology that also allows to connect and access different blockchains.

The idea is to spread blockchain technology as much as possible in more sectors, facilitating its use.

In addition, this partnership will allow using the local fiat currency, the Korean Won (KRW), especially within decentralized finance (DeFi), since currently all the various dApps work with dollars.

Finally, it is clear that Samsung is becoming the reference point for several blockchain projects, it is enough to mention the integration of the Gemini exchange and the recent partnership with Stellar (XLM).

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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