Samsung update: More blockchain development
Published On : 2019-06-17 11:18:16
After Samsung announced implementing a crypto wallet on the new S10 model, that supports BTC, Ethereum and ERC20 tokens (also airdrops), we now have more news from the South Korean tech giant.
The vice chairman of Samsung says the company is seeking more collaborations with tech companies on the development of blockchain, artificial intelligence, and sixth-generation mobile networks.
The vice chairman, Jay Y. Lee said:
"We should challenge ourselves with a resolution to make new foundations, moving beyond the scope of protecting our past achievements.”
Per Bloomberg, the move to develop technologies such as blockchain and 6G comes from the evolving business industry and structural changes in the technology field.
When large companies like Samsung openly discuss the future of blockchain within their business, we gain more confidence in a bullish period coming soon. Even though the bear market is still freshly in our memories, we can't ignore the positive signals across the crypto industry.