Samsung launches blockchain smartphone

Samsung and SK Telecom, announced the launch of the first smartphone with 5G technology in the world that is equipped with identification authentication using blockchain technology.

Samsung launches blockchain smartphone

Impossible phones to hack

One of the most important mobile phone companies, Samsung and SK Telecom, announced the launch of the first smartphone with 5G technology in the world that is equipped with identification authentication using blockchain technology. The smartphone launched by the South Korean company is called "Galaxy A Quantum" and has a starting price of USD 52, according to the announcement published on May 14. The company announced that the sale of the mobile phone will begin on May 15.

** Suseong University has reached an agreement with the Korean Artificial Intelligence Association (KORAIA) with the aim of creating a blockchain and artificial intelligence research and development campus.

The blockchain system integrated to the mobile phone will be used to process payments for goods and services in offline businesses through SK Pay. Blockchain technology was also incorporated to prevent counterfeiting and theft of information stored on the phone. But the most striking feature is the quantum security system that can be compared to the random number generators that are normally used in many smartphone services, such as payment platforms and two-factor authentication. The difference is that using quantum technology unpredictable patterns are created, really random and impossible to guess.

** The financial technology sturtup, Digital Asset, announced a second round of C series and secured the investments of two very important companies: Samsung and Salesforce.

The development of phones with integrated blockchain technology is growing more and more in South Korea: in 2019 LG, the mobile phone giant, announced the development of a mobile phone that integrates blockchain technology. In China, the startup While Network launched in September 2019 its smartphone with blockchain technology called Acute Angle.