The Samsung Galaxy S10 has a cryptocurrency wallet built in

Samsung is one of the first major smartphone makers to include a cryptocurrency wallet in its latest flagship Galaxy S10 phones. The wallet lets users store bitcoin, Ethereum, and a beauty-related cryptocurrency called Cosmo Coin. It’s a cold storage wallet, meaning it’s not connected to the internet.

The Galaxy S10 phones also support select decentralized apps (“Dapps”). Currently, Samsung’s main Dapp that’s available is called Cosmee, and it lets users earn Cosmo tokens in exchange for leaving beauty reviews in the app. Cosmochain, the South Korean blockchain startup behind Cosmee, describes its app to The Verge as a blockchain-powered beauty review app — the blockchain is supposed to be a useful way to record all the reviews reliably.

Samsung also announced support for the cryptocurrency called the Enjin Coin, an Ethereum-based digital currency for gamers that was founded in South Korea. It also said it would support contactless payments using cryptocurrency.

Samsung is one of a few companies that have launched blockchain-related phones, and its participation in the trend could influence other players in the market.

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Source: The Samsung Galaxy S10 has a cryptocurrency wallet built in – The Verge