• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: US Lawmakers Urge SEC To Allow Crypto Investments In 401(k) Plans
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: US Lawmakers Urge SEC To Allow Crypto Investments In 401(k) Plans
samsung galaxy s10

Samsung Really Wants Cryptocurrency Users to Ditch Their iPhones

Georgi Georgiev
by Georgi Georgiev
6 years ago
·
Posted in News, Altcoins, Emerging Markets, Hardware, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

It’s now no secret that the Samsung Galaxy S10 will support decentralized applications (DApps) in addition to its hardware-backed secure storage for cryptocurrencies. But will this force Apple and other smartphone makers to also enter the crypto-arms race? 


Samsung Galaxy S10 to Support DApps

Last week Bitcoinist reported that the new flagship smartphone of Samsung, the Galaxy S10, will include a dedicated secure storage solution for storing private keys.

News coming from the Samsung Mobile Business Summit in Barcelona confirmed that the storage solution will support Bitcoin, Ethereum, as well as altcoins called Cosmo Coin (COSM) and Enjin (ENJ).

In a bizarre turn of events, Samsung today announced its wallet app at MWC. Supported assets: BTC, ETH, ENJ (some tiny in-game currency thing) and COSM (absolute shitcoin from Korea for buying beauty products – WTF?!)

Hardly any details. I'd wager this doesn't ship on US models. pic.twitter.com/wXa0mJCYD2

— Udi Wertheimer (@udiWertheimer) February 25, 2019

In addition, however, the smartphone will also support select decentralized applications (DApps). As of yet, the only DApp available for Samsung Galaxy S10 is called Cosmee. Its decentralized nature, however, is questionable, to say the least.

Cosmee is a Korean project developed by Cosmochain and it rewards users with COSM for leaving beauty reviews through the DApp.

Going through their whitepaper, however, raises more than just an eyebrow. According to the document, customer-provided data will be stored on “the blockchain.”

Somewhat expected, the whitepaper doesn’t mention if the project will be developing its own blockchain or whether it will use an already existing one. It only says that the team “is spending a considerable amount of time and efforts on research.” There is also no mention of nodes or consensus algorithms.

In any case, this first project featured on Samsung’s Galaxy S10 does look like an attempt to capitalize on trending buzzwords rather than truly offer support for decentralized apps – which may not even really *need* to be decentralized in the first place.

Prices Surge on The News

The announcement of Samsung Galaxy S10’s support for COSM and ENJ has caused the prices of both altcoins to surge notably.

Enjin Coin [coin_price coin=enjin-coin] has managed to gain upwards of 104 percent in the last 24 hours, according to CoinMarketCap

COSM, on the other hand, is also marking serious gains. At the time of this writing, the cryptocurrency has increased with around 50 percent on the day.

Samsung Bets on E-Gaming

Samsung’s move to partner up with Enjin is likely in an effort to further the company’s involvement into the fast-growing e-sports market, especially in Asia.

Enjin is a Singaporean-based company, which launched Enjin Coin, and is creating an ecosystem for gaming. The platform reportedly has 20 million users and over 250,000 gaming communities onboarded. The Enjin Coin is used to purchase in-game assets and assign ownership of them.

Samsung has also partnered with game engine maker Unity Technologies in order to enable games to run smoother on the Galaxy S10.

In any case, Samsung is certainly embracing everything cryptocurrency and blockchain in an attempt to sell its latest flagship smartphone. It remains to be seen if this strategy pays off, but its biggest competitors, namely Apple and Huawei, are certainly watching.

What do you think of Samsung’s Galaxy S10 and its support for DApps? Don’t hesitate to let us know in the comments below!


Images courtesy of Shutterstock

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Georgi Georgiev

Georgi Georgiev

Follow

Full Profile

Related Posts

BNB

BNB Price Rockets To New ATH Amid Explosive Blockchain Fee Growth – More Rally Ahead?

4 days ago
Altcoins

Altcoin Season Index Sets New 2025 High, What This Means For The Crypto Market

1 week ago
Ogromne inwestycje Galaxy Digital w SOL

Galaxy Digital inwestuje miliony w Solanę. Co to oznacza dla rynku?

1 week ago
altseason ethereum eth bitcoin btc solana sol

Altseason Index Surges to Yearly High: Is This The Start of The Biggest Rally Since 2024?

1 week ago
Nepal

Jack Dorsey’s Bitchat Becomes Lifeline For Nepalis In Protest Crisis

1 week ago
PrimeXBT: Empowering Traders in Crypto Space

PrimeXBT: Empowering Traders in Crypto Space

1 week ago
Please login to join discussion

Premium Sponsors

Press Releases

  • Bitcoin Hyper

    ChatGPT предсказва следващата 1000x...

    2 hours ago
  • Snorter надхвърли $4 милиона след...

    1 day ago
  • ตัวละครสัตว์ Snorter หน้าตลกโผล่พ้นกำแพงอิฐ

    นักลงทุนแห่เข้าซื้อ...

    4 days ago
  • Little Pepe ($LILPEPE) presale crosses $25 million milestone as investors eye exchange listings and meme coin Layer-2 blockchain growth.

    Little Pepe Presale Surges Past $25M as Stage 12 Sells Out...

    5 days ago
  • As Demand Grows for Ease, MEXC Adds Apple Pay and Google Pay for Instant Crypto Purchases

    As Demand Grows for Ease, MEXC Adds Apple Pay and Google...

    5 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.