#CryptoCorner: #Samsung Galaxy S10 Features Secure Storage for Private #Blockchain Keys, Elon Musk Praises #SatoshiNakamoto, Bitcoin
#CryptoCorner sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch
Point Roberts, WA and Delta, BC - February 21, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.
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#CryptoCorner: #Samsung Galaxy S10 Features Secure Storage for Private #Blockchain Keys, Elon Musk Praises Satoshi Nakamoto
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Samsung Galaxy S10 Features Secure Storage for Private Blockchain Keys, Elon Musk Praises Satoshi Nakamoto, Bahrain Courts Blockchain Companies and Ohio County Auditors Consider Blockchain for Real Estate Transactions
Stocks discussed: (KSE:005930) (NasdaqGS:TSLA)
Samsung (KSE:005930) has announced that their new Galaxy S10 line of smartphones boasts a security feature to "secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services". There is speculation that the Galaxy S10 will also feature a native crypto wallet, but rumours are as of yet unconfirmed. CCN quotes IT expert Han Ho-hyeon, who claims that the phone's Exynos 9820 chip with PUF technology could indicate potential development of a crypto wallet.
"PUF technology has been added to the Exynos 9820 revealed by Samsung Electronics last year and if the Galaxy S10 features a blockchain-based crypto wallet, the probability of Samsung Electronics utilizing the PUF is very high."
"Paper money is going away and cryptocurrency is a far better way to transfer value than pieces of paper."
After garnering attention for his comments, Musk has continued discussing crypto in a series of subsequent tweets. Replying to a story about his enthusiasm for crypto on the podcast, Musk tweeted:
"That said, I still only own 0.25 BTC, which a friend sent me several years ago. Don't have any crypto holdings."
And in reply to a user who implied that Musk was fabled Bitcoin creator Satoshi Nakamoto, Musk said:
"Whoever owns the early BTC deserves a Nobel prize in delayed gratification"
Bloomberg reports that Bahrain is looking to encourage blockchain-related business. Though Bahrain has not yet issued a regulatory framework for crypto, business manager at Bahrain's Economic Development Board, Dalal Buhejji, said the country's central bank allows companies "to test their solution on a limited number of users, with a limited number of transactions". Additionally, blockchain-powered IPO platform SprinkleXchange has received approval to operate in the country, along with 28 other companies.
SafeChain reports that the County Auditors' Association of Ohio (CAAO) is considering a real estate transaction system based on blockchain tech. CAAO President and Stark County Auditor Alan Harold said:
"County Auditors are first and foremost interested in delivering efficient and competent service to Ohio taxpayers and frequently discuss ways to improve county services. In recognition of the State of Ohio's overall initiatives to modernize government, the goal of this working group is to consider how County Auditors can be forward thinking to improve the taxpayer experience in conveying and transferring real property. For these types of projects to be successful and widely adopted, they require collaboration; County Auditors are eager to roll up our sleeves as a group early on."
Sam Mowers, Investorideas
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Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (<NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com/
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GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io
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