Samsung are a further step closure in integrating crypto and blockchain technology
|- Samsung filed a trademark form with the UK IPO office, as they seek to launch “Samsung Crypto Wallet”.
- This suggesting the electronics giant are close to integrating blockchain technology into their future devices.
Samsung, electronics giant, are set to launch their own blockchain and cryptocurrency based smartphone. They are in the process of obtaining a trademark in the United Kingdom for Intellectual Property Office.
In terms of the trademark filing, it details that Samsung are considering integration of a cryptocurrency wallet, to slot into its smartphones. As a recap, there was previous speculation that suggested Samsung had plans to include a cryptocurrency cold wallet in its Galaxy S10 phone. Separately, in December 2018, Samsung had filed three trademark applications for Blockchain and Cryptocurrency software in the EU.
Further within the filing, which was seen last week, with the United Kingdom IPO, which is the office that approves or disapproves marks and business names, backs the above speculation. It detailed that Samsung are seeking the approval for the “Samsung Crypto Wallet” trademark, to facilitate a crypto wallet within their electronic devices.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.