the news is a hoax. "It should be glaringly obvious why they are specifically not calling it a cryptocurrency wallet, and why they attempted to quiet rumours of such claims back in December.
Security: Galaxy S10 is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services.
Samsung Knox is not a cryptocurrency wallet. Don't spend your hard earned money for this feature. Personally, I think the wireless charging of other Qi devices would prove more useful than "Samsung Knox"."
Cryptocurrency wallets are simple pieces of software. Housing the keys is the hardest part - what's on top of that is just a bit of code to derive addresses from that key, query for balances on a blockchain node, send/receive calls etc. If that part won't be added by Samsung themselves it'll certainly aid in development of full crypto wallet apps.
Sure it isn't a crypto-wallet per se, but getting a phone with a dedicated key storage chip like Apple T2, Google Titan M or Samsung Knox seems like a decent security choice worth spending money on.
Samsung Knox was released in 2013. It is simply Samsung's branding of a small set of standard technologies, like ARM TrustZone, which also powers Apple's Secure Enclave and other similar technologies.
It is present in all Samsung Android and Tizen devices, and does not have any cryptocurrency features. It does, however, have secure key management, and is capable of securely storing a private key for a wallet. This is not a unique or new capability.
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[ 0.20 ms ] story [ 36.8 ms ] threadSamsung Knox is not a cryptocurrency wallet. Don't spend your hard earned money for this feature. Personally, I think the wireless charging of other Qi devices would prove more useful than "Samsung Knox"."
It is present in all Samsung Android and Tizen devices, and does not have any cryptocurrency features. It does, however, have secure key management, and is capable of securely storing a private key for a wallet. This is not a unique or new capability.