Samsung Coin on the Horizon? Anonymous Source Claims ‘Yes’

Samsung, creator of the popular Galaxy S10 smartphone which will feature built-in cryptocurrency wallet integration, is reportedly looking to go a step further in its commitment to the industry of crypto.

An anonymous source familiar with the situation has told Coindesk’s Korean division that Samsung is working on the development of the Samsung coin, in an article published on April 24. Details of the project include the coding of a blockchain Main Net that the Samsung coin will be issued on, and will likely utilize Ethereum for its base-functionality. Samsung’s dedicated blockchain division is reportedly overseeing the project, which could mean that the Galaxy S10’s Ethereum integration–which was further confirmed in the article by Coindeks–is more of a prelude to the launch of the Samsung Coin.

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