June 13, 2019 Conglomerates’ Deep Pockets Continue Blockchain Growth in South Korea Despite Crypto Ban A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart.…
May 14, 2019 Samsung’s Budget Smartphones Will Reportedly Have Cryptocurrency and Blockchain Features Budget smartphones released by South Korean consumer electronics giant Samsung will reportedly feature crypto and blockchain features.…
May 14, 2019 HTC Debuts Smartphone In-Wallet ERC-20 Token Swaps An HTC executive confirmed the company’s desire to promote crypto-to-crypto trading without the need for a third party.…
May 9, 2019 Samsung SDS Includes Blockchain Within Digital Transformation Framework The development was revealed during president and CEO Hong Yuan Zhen’s keynote speech at Samsung’s Real 2019 event.…
April 27, 2019 Samsung Joins Corporate Giants Reportedly Eyeing Bespoke Crypto South Korean electronics giant Samsung might become the next multinational conglomerate to issue its own cryptocurrency token.…
April 26, 2019 Samsung IT Subsidiary Releases New Version of Enterprise Blockchain Platform Samsung SDS has released a new version of its enterprise blockchain platform. Samsung SDS, the IT subsidiary of international technology giant Samsung Group, has released a new version of its enterprise blockchain platform dubbed Nexledger Universal, according to a press release on April 24.Nexledger Universal offers an application programing interface that can be applied to different blockchains like Ethereum, Hyperledger Fabric and the firm’s own Nexledger Consensus Algorithm.According to the press release, users can then develop applications for authentication, payment settlement, and proof of originality.Nexledger Universal is currently available on Microsoft’s Azure marketplace.…
April 24, 2019 Samsung Invests $2.9 Million Into Crypto Wallet Startup Ledger Hardware cryptocurrency wallet manufacturer Ledger has secured a 2.6 million euro investment from electronics giant Samsung.…
April 24, 2019 Report: Samsung Planning New Blockchain Mainnet Featuring Samsung Coin The electronics giant is still ironing out the intended use cases and structure of its likely ETH-based offering, an anonymous source says.…
April 19, 2019 Crypto Developer Raises $4 Mln From Samsung, Others to Launch Wallet Without Private Keys ZenGo uses new forms of transaction signing to simplify the crypto experience for non-technical new crypto users Israeli cryptocurrency developer KZen has raised $4 million from backers including South Korean electronics giant Samsung, industry news outlet The Block reported on April 17.The company’s product, smartphone wallet app ZenGo — currently in beta phase testing — aims to simplify custodial wallet usage for entry-level cryptocurrency users.Using a combination of split key storage and biometric security features, the company hopes users will be able to benefit from a simple wallet user interface while not relying on a third party or themselves to hold their private keys and other sensitive information.A smartphone and cloud storage form the two sharers of information needed to sign a transaction, part of a setup called threshold signatures.“ZenGo uses open source threshold cryptography to replace the private key and all the troubles related to securely managing non-custodial wallets,” CEO and cofounder, Ouriel Ohayon, wrote in a blog post on April 15.…
April 14, 2019 Indian IT Giant Tech Mahindra to Use Samsung’s Nexledger Blockchain: Local Media Samsung SDS reportedly will work with Indian IT giant Tech Mahindra in an attempt to enter the overseas blockchain market.…
