From the looks of it, Samsung may soon be joining the cryptocurrency industry by way of its own cryptocurrency wallet that may or may not be integrated into future releases of its flagship phones. Based on its December 27 filing with the U.K. Intellectual Property Office, under the class and terms, Samsung is seeking the trademark for a computer software for use as a cryptocurrency wallet.
This means that when the trademark is approved, Samsung will be on its way to release the next Galaxy smartphone with a default crypto wallet that may either be a native Samsung app or perhaps even as a miscellaneous feature.
The Class and Terms of the filing enumerates the following relating to cryptocurrency:
Computer software for use as a cryptocurrency wallet; computer software for cryptocurrency transfer and payment using blockchain technology; computer application software for smartphones, namely sofware to allow users to transfer cryptocurrency based on blockchain technology…
This is the second time in December when said rumour came out. Earlier this month, Samsung refuted said rumour and speculations just died down since there was no proof that will somehow confirm such rumour.
But now it is almost certain that Samsung is indeed joining the cryptocurrency frenzy, either by way of a native crypto wallet app or an embedded feature in its future smartphones.
So the next time you hear about a new Samsung Galaxy S is coming out don’t be surprised to find that one of the default app is actually a cryptocurrency wallet. As for what that wallet can do, well we would be happy to report it as soon as we found a reliable source.