Samsung blockchain solid state drives coming soon, company files patent

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South Korean consumer electronics giant Samsung has shown its intent to manufacture blockchain-enabled solid-state drives (SSD) and filed a patent regarding the same. As per local industry news source, a patent has been applied by the company about “programmable blockchain solid-state drive and switch” January 15 this year and the same has been subsequently published on 2nd February.

Currently, very few details are available about this newly designed system. It is reported that it will primarily be utilized to increase the lifetime and speed of the blockchain-powered storage devices.

As per the patent application, the company plans to achieve this goal through ‘Field Programmable Gate Arrays’ (FPGAs). Technically, FPGAs serve as a bridge between Application-Specific Integrated Circuits (ASICs) and general-purpose processing devices. They ultimately aim to boost the transfer speeds along with maintaining high-security credentials.

Samsung blockchain solid state drives solidify its crypto credentials

Samsung is serious about crypto realm and this latest patent application goes on to reflect its commitment. Being one of the largest manufacturers of consumer electronics globally, entering blockchain was only a matter of time. Recently, it has enabled more of its mobile devices with blockchain-based features. Just last month, Samsung Blockchain Wallet has integrated with Pundi X’s XWallet besides 30 other cryptos as well. Samsung SSDs are already well-received in the consumer market.

Alibaba, Chinese digital retail behemoth, has applied for a patent in the United States titled ‘Domain Name Management Scheme for Cross-Chain Interactions in Blockchain Systems.” So, Samsung blockchain solid state drives are only going to make competition much fiercer in the electronics realm and all the giants are acknowledging the importance of blockchain.

In this specific case, Samsung can also employ the SSDs for algorithm calculations that promise highly efficient general-purpose computing devices. These can, however, be reprogrammed for calculating various algorithms; something that ASICS cannot achieve. These features certainly allow them to be highly flexible and viable alternative when it comes to cryptocurrency mining.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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