South Korean electronics giant Samsung is apparently seeking a trademark in the United Kingdom for a cryptocurrency wallet, according to a Dec. 27 filing with the U.K. Intellectual Property Office.
In the "Classes and terms" section of the application, Samsung cites such developments as "Computer software for use as a cryptocurrency wallet; Computer software for cryptocurrency transfer and payment using blockchain technology; Computer application software for smartphones, namely, software to allow users to transfer cryptocurrency based on blockchain technology and pay via 3rd party's application software."
The application follows rumors - subsequently refuted by Samsung - that the company has plans to include a cryptocurrency cold wallet on its Galaxy S10 smartphone.
Samsung filed three European Union trademark applications for blockchain- and cryptocurrency- related software on Dec. 10.
Earlier in December, Cointelegraph reported that major smartphone manufacturer HTC integrated decentralized browser Brave on the HTC Exodus 1 phone, "The first native blockchain phone" with support for multiple blockchains, including Bitcoin and Ethereum networks.
Last month, blockchain-focused electronics supplier SIRIN Labs launched its first blockchain-based smartphone called FINNEY. Based on both Android and SIRIN's open-source operating system, SIRIN OS, the FINNEY phone offers a cold-storage crypto wallet and provides encrypted communications.
In October, Samsung's production wing, Samsung Foundry, launched a new production process of its 7-nanometer Low Power Plus process node, which could reduce its energy consumption by up to 50 percent.
The chip could purportedly have positive implications for crypto miners usings Samsung's hardware, as energy costs prove to be a critical factor in the industry's profitability.
Samsung Seeks UK Trademark For Cryptocurrency Wallet
gepubliceerd op Dec 29, 2018
by Cointele | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.