#CryptoCorner: #Samsung Galaxy S10 Features Secure Storage for Private #Blockchain Keys, Elon Musk Praises #SatoshiNakamoto , Bitcoin
#CryptoCorner:
#Samsung Galaxy S10 Features Secure Storage for
Private #Blockchain Keys,
Elon Musk Praises #SatoshiNakamoto , Bitcoin
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February 21 Crypto Corner
Samsung
Galaxy S10 Features Secure Storage for Private Blockchain Keys, Elon Musk
Praises Satoshi Nakamoto, Bahrain Courts Blockchain Companies and Ohio County
Auditors Consider Blockchain for Real Estate Transactions
Stocks
discussed: (KSE:005930) (NasdaqGS:TSLA)
Samsung (KSE:005930) has announced that
their new Galaxy S10 line of smartphones boasts a security feature to “secure
storage backed by hardware, which houses your private keys for
blockchain-enabled mobile services”. There is speculation that the Galaxy S10
will also feature a native crypto wallet, but rumours are as of yet unconfirmed.
CCN quotes
IT expert Han Ho-hyeon, who claims that the phone’s Exynos 9820 chip with PUF
technology could indicate potential development of a crypto wallet.
“PUF technology has been added to the
Exynos 9820 revealed by Samsung Electronics last year and if the Galaxy S10
features a blockchain-based crypto wallet, the probability of Samsung
Electronics utilizing the PUF is very high.”
Tesla (NasdaqGS:TSLA) and SpaceX CEO Elon Musk appeared on the
Feb 19 episode Ark Invest podcast, on which he praised crypto”
"Paper money is going away and
cryptocurrency is a far better way to transfer value than pieces of
paper."
After garnering attention for his
comments, Musk has continued discussing crypto in a series of subsequent
tweets. Replying to a story about his enthusiasm for crypto on the podcast,
Musk tweeted:
“That said, I still only own 0.25 BTC, which a friend sent me several years ago. Don’t have any crypto holdings.”
And in reply to a
user who implied that Musk was fabled Bitcoin creator Satoshi Nakamoto, Musk
said:
“Whoever owns the early BTC deserves a
Nobel prize in delayed gratification”
Bloomberg reports
that Bahrain is looking to encourage blockchain-related business. Though
Bahrain has not yet issued a regulatory framework for crypto, business manager
at Bahrain’s Economic Development Board, Dalal Buhejji, said the country’s
central bank allows companies "to test their solution on a limited number
of users, with a limited number of transactions”. Additionally, blockchain-powered
IPO platform SprinkleXchange has received approval to operate in the country,
along with 28 other companies.
SafeChain reports
that the County Auditors’ Association of Ohio (CAAO) is considering a real
estate transaction system based on blockchain tech. CAAO President and Stark
County Auditor Alan Harold said:
“County
Auditors are first and foremost interested in delivering efficient and
competent service to Ohio taxpayers and frequently discuss ways to improve
county services. In recognition of the State of Ohio’s overall initiatives to
modernize government, the goal of this working group is to consider how County
Auditors can be forward thinking to improve the taxpayer experience in
conveying and transferring real property.
For these types of projects to be successful and widely adopted, they
require collaboration; County Auditors are eager to roll up our sleeves as a
group early on.”
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
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