Samsung are a further step closure in integrating crypto and blockchain technology

Samsung filed a trademark form with the UK IPO office, as they seek to launch “Samsung Crypto Wallet”.
This suggesting the electronics giant are close to integrating blockchain technology into their future devices.

Ken Chigbo Independent Analyst

Samsung, electronics giant, are set to launch their own blockchain and cryptocurrency based smartphone. They are in the process of obtaining a trademark in the United Kingdom for Intellectual Property Office.

In terms of the trademark filing, it details that Samsung are considering integration of a cryptocurrency wallet, to slot into its smartphones. As a recap, there was previous speculation that suggested Samsung had plans to include a cryptocurrency cold wallet in its Galaxy S10 phone. Separately, in December 2018, Samsung had filed three trademark applications for Blockchain and Cryptocurrency software in the EU.

Further within the filing, which was seen last week, with the United Kingdom IPO, which is the office that approves or disapproves marks and business names, backs the above speculation. It detailed that Samsung are seeking the approval for the “Samsung Crypto Wallet” trademark, to facilitate a crypto wallet within their electronic devices.

Author

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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