NEW FEATURE! You can now use your credit card to buy cryptocurrencies! Read more here

Today, Samsung released more information about its upcoming Blockchain Platform SDK, a solution they say “tackles two of the biggest obstacles in expanding the DApp ecosystem: security and the complexity of building a mobile-compatible DApp.”

While stating that “[blockchain] continues to hold much promise,” the release details the benefits of blockchain’s decentralization and transparency, explaining that “by distributing data across many computers rather than a centralized server, no single authority has control over the information, making it more fair, secure, and transparent.”

The Blockchain Platform SDK is a set of development tools are designed to improve the usability of existing DApps (Decentralized Applications), while also making it much easier for normal apps to integrate blockchain features, such as seamless payments via cryptocurrency.

SDC_Samsung-Blockchain_kriptomat

Samsung also describes how their mobile DApp browser is “kicking down the mobile door for developers, allowing web-based blockchain applications to work on mobile with simple SDK integration.”

Earlier in the year, the company launched the Samsung Blockchain Wallet App, along with the blockchain-enabled flagship Galaxy S10.

The launch was announced one month earlier at MWC, the world’s biggest mobile convention.

During the showcase of Blockchain Keystore, Samsung also displayed a slide that included the logos of four cryptocurrencies, Bitcoin, Ethereum, Enjin Coin, and Cosmo Coin.

 

At the same time, Korea’s second-largest telecom company added an image of the Samsung Keystore next to the Enjin Wallet.

kriptomat-samsung-blockchain

This sparked speculation about a partnership between Samsung and Enjin, which was later confirmed by CoinDesk reaching out to the Enjin team.

With China’s recent inrush into the blockchain space and Samsung stating that it “has promising potential across a variety of industries including finance, medicine, real estate, and entertainment,” we can’t wait to see how this impacts public perception of cryptocurrencies and blockchain as a whole.