logo

Samsung and Stellar join forces for Galaxy smartphone dApps ecosystem

Samsung and Stellar join forces for Galaxy smartphone payments ecosystem

Samsung and Stellar Foundation are now official partners. The cryptocurrency will join a range of other coins on the Samsung’s Blockchain Keystore. As the two giants join forces, users of the Galaxy smartphone range are set to benefit from the collaboration.

The statement published by the Stellar Development Foundation (SDF) states that both Samsung and Stellar blockchain will work towards offering more dApps, features and crypto services to their respective users. Most importantly, Stellar private keys can now be stored on the Galaxy devices.   Furthermore, the integration ensures that Stellar developers can now make dApps specifically for the Galaxy users.

Samsung and Stellar partnership to power mutual growth

Commenting on the development, SDF’s Denelle Dixon mentions that Samsung and Stellar collaboration will be a huge leap forward when it comes to mutual growth potential.  The exclusive Stellar apps ecosystem will benefit from this collaboration by bringing a whole new set of users to the fold.

Samsung’s management solutions offer immense potential for the holistic adoption of blockchain technology. He further comments that the partnership would open up new possibilities for the network’s developers as well.

Both organizations would promote Stellar growth by more dedicated hiring. Interestingly, four firms dealing exclusively in Stellar technology have already signed up on the Keystore to promote their apps.

Samsung blockchain growth – Consistent and innovation-fulled

This is not the first time the Samsung blockchain department has made the news. Samsung’s blockchain growth has been consistent, and the global tech giant is keen on expanding its blockchain-related developments. Last year, Tron made its debut on the Samsung Blockchain Keystore, followed by the launch of three TRON dApps on the same platform. The two also built an exclusive dApps section on the TRON network.

The latest Samsung and Stellar partnership bring the total number of cryptocurrencies supported on the platform to five. Besides Stellar, Samsung now supports Bitcoin, Ethereum, TRON, and Klaytn. Furthermore, Samsung also joined hands with crypto exchange Gemini to offer trading solutions for its US-based Blockchain Wallet users.

Gurpreet Thind

Gurpreet Thind

Gurpreet Thind is pursuing Masters in Electrical Engineering at University of Ottawa. His scholarly interests include IT, computer languages and cryptocurrencies. With a special interest in blockchain powered architectures, he seeks to explore the societal impact of digital currencies as finance of the future. He is passionate about learning new languages, cultures and social media.

Related News

Hot Stories

Few factors to consider while gambling with crypto
Coinbase Wallet introduces new features to prevent NFT and crypto thefts
Failure of FTX demonstrates the need for reform of private placements, Says SEC officials
Avalanche price analysis: AVAX begins correction after topping $20 resistance
DOJ backs move to stop SBF from accessing FTX and Alameda resources

Follow Us

Industry News

Coinbase Wallet introduces new features to prevent NFT and crypto thefts
Failure of FTX demonstrates the need for reform of private placements, Says SEC officials
DOJ backs move to stop SBF from accessing FTX and Alameda resources
Elon Musk says Twitter payment will use fiat, but crypto will be implemented later
Binance and Mastercard to launch crypto card in Brazil

Add Your Heading Text Here