Samsung has been flirting with blockchain and cryptocurrency for a while and stepping up bit by bit. The smartphones manufacturer has partnered with cryptocurrency payments startup Pundi X’s new cooperation that will enable users to integrate the XWallet app to their Samsung Blockchain Wallet.
As per a blog post published on July 29, Pundi X has integrated its cryptocurrency wallet solution into the Samsung’s blockchain ecosystem, marking another step towards global adoption of blockchain technology. The post reads:
“Samsung Galaxy S10 users can move cryptocurrencies stored in the Samsung Blockchain Wallet into the XWallet, which they can then use as a checking account for instant crypto transaction with Pundi X’s global payment ecosystem.”
As of now, the XWallet supports digital currencies such as Bitcoin (BTC), Ether (ETH), Binance Coin (BNB), KuKoin Shares (KCS), NEM (XEM), KNC, Qtum (QTUM), as well as Pundi X’s native tokens NPXS and NPXSXEM.
Users could move cryptocurrencies stored in the Samsung Blockchain Wallet into the XWallet that is also available with the XPOS, a blockchain point-of-sale device deployed across 25 countries. In February, Samsung first revealed that its new Galaxy S10 series will have wallet functions for digital currencies.
In May it was announced that Samsung’s budget smartphones will also feature cryptocurrency and blockchain features. At the time, Samsung’s official said:
“We will lower barriers to new experiences by gradually expanding the number of Galaxy models that support blockchain functions. We will also expand our service target countries after Korea, the United States and Canada.”
Pundi X announced earlier in July, that it has integrated its crypto payments system into a device made by American point-of-sale systems producer VeriFone. The initiative aims to allow a wider network of retailers to accept payments in cryptocurrencies.
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