- The firm’s secure payment wallet will support Samsung Pay.
- The firm partnered with Decentraland to establish its flagship 837 store.
This year’s Samsung Galaxy S22 phone has a feature that will delight crypto enthusiasts. The Galaxy S22 comes preloaded with a Samsung Wallet, which can handle Bitcoin and other cryptocurrencies.
Users of other Samsung smartphones may have previously seen this function. The Samsung Blockchain Wallet on the Galaxy S10 was the first to have a crypto wallet. The tech giant is in the midst of a massive Presidents Day 2022 sales drive, including smartphone discounts. As stated in a press release, the digital wallet will also include “asset management,” making it easier for users to do common chores that involve wallet assets, such as displaying ID or gathering travel papers before a trip.
Metaverse and NFT Market
According to reports, the Samsung Wallet will be able to store and safeguard cryptocurrencies. Moreover, the new Samsung Wallet is the flipside of the Apple Wallet, which does not yet enable users to store vaccination information or cryptocurrencies.
The firm’s secure payment wallet will support Samsung Pay. Encryption and isolation of critical information and blockchain keys supplied by Samsung’s Knox Vault platform provide security.
Additionally, Samsung has entered the non-fungible token market. Cryptocurrency art may now be purchased straight from a smart TV platform thanks to a new feature in the upcoming 2022 TV range that supports NFTs. In early January, the firm partnered with Decentraland to establish its flagship 837 store in the Metaverse, and the launch of the new flagship series was held virtually.
