Samsung is expanding its blockchain dapp arsenal by including more than a dozen new apps in its Blockchain Keystore online market app.
Introduced in March 2019, Samsung’s online dapp store, Blockchain Keystore, has evolved from only having four applications initially to a total of seventeen. The four initial dapps included a password wallet, a game, a social media app, and a billing app whereas new dapps incorporate a collection of items from social media app Anpan to entertainment app The Hunters.
Samsung is moving forward within the space. It is one of the enormous primary companies to create crypto-centric products with the launch of the Galaxy S10 this year.
“Although other companies have not done so yet, we have already made a blockchain wallet and released it,” Samsung stated.
The tech mammoth is building up its wallet’s features in planning for market competition. Samsung’s wallet framework only permits Ethereum based ERC-20 tokens and protocols storage.
The number one rival on the list is Apple, which has yet to launch a wallet. In June, Apple introduced a ‘CryptoKit’ for iOS 13, showing adoption may not be distant off for the Cupertino mogul.
In July, LG trademarked “ThinQ Wallet,” a product that market professionals believe is the foundation for a crypto wallet and environment. The trademark says the ThinQ Wallet will provide transaction, settlement, and e-money administrations.
China’s Huawei, another of Samsung’s rivals, has not created any cryptographic applications to date. In May, Huawei stated they “have no plans to put a password wallet on its smartphone because the Chinese government has not authorized it.”
Samsung’s initiatives are, seemingly, off to a slow start. There are only 30 reviews for Samsung’s Blockchain Keystore’s dapp products compared to the thousands accessible on the Google Play Store.