Central bank digital currency (CBDC) based offline payments using Samsung Galaxy smartphones and wearables are a potential outcome of a research project jointly undertaken by Samsung and the Bank of Korea. Korean media outlets reported on Monday that Samsung Electronics and the Bank of Korea will collaborate. This would be
The South Korean tech giant Samsung has announced its intention to compete in the growing metaverse and VR (virtual reality) headset markets. The firm has hinted at the development of a virtual reality headset by announcing the development of “extended reality” gear. A similar gadget is under development, according to
Hong Kong advances toward Bitcoin adoption in the Asia-Pacific region during crypto winter with a firm move. Significantly, Samsung Asset Management, the investment subsidiary of the tech giant, powers up the city’s crypto mission with the launch of Bitcoin futures ETFs – Samsung Bitcoin Futures Active ETF, on Friday. Samsung
According to Samsung’s recent announcement, the company is investing more than $35 million in metaverse initiatives targeted at the Latin American market. The move is part of the company’s ongoing effort to enhance its digital presence and interact with a younger demographic. Samsung is always the first to provide a
This isn’t limited to only smartphones, but also smart TVs and even air conditioners. This new security update is meant to prevent credential-stuffing attacks. Samsung, a global leader in consumer electronics, has said it would use blockchain technology to improve the safety measures already in place for its products. The
Samsung Latam has opted to create its own space on the Ethereum-based Decentraland. As a Metaverse experience on the Roblox platform, Samsung debuted Space Tycoon in July. The regional division of the electronics giant, Samsung Latam, has chosen to create its own space. On the Ethereum-based metaverse platform Decentraland. Users
Blockdata, a research organization, analyzed the investments made by major firms in blockchain and cryptocurrency startups between September 2021 and mid-June 2022, and found that South Korean electronics giant Samsung was the most active, having invested in 13 companies during that time period. The second most active investor is United
Only two of the seven companies were uncovered by the research. Mirae Asset Securities has launched a new division under its sister firm. From rapidly sketching up a structure controlling the market to exploring a number of different platforms. Several conventional brokerages in South Korea were apparently getting ready to
Samsung starts producing 3-nm chips, which will be 45% more energy-efficient. The new chips are predicted to increase by 23%. The technology powerhouse Samsung announced at end of June, that they started creating new 3-nanometer (nm) mining chips that will use 45% less energy. While announcing the 3nm chip, Samsung
Samsung launched “Space Tycoon”, a metaverse world for their users. This universe is built to engage with Samsung Gen Z users. Space Tycoon will be launched in 14 languages at the same time. Metaverse is a freshly created augmented reality where we can interact virtually and discover worlds that are
