Samsung's Blockchain Strategy
Samsung Electronics will present its blockchain technologies at the SDC Developer 2019 in San Jose, California, in October.
Samsung Electronics will share the trends of next-generation smartphone technologies with developers from around the world in the annual conference, which will be held at the San Jose Convention Center on Oct. 29-30.
Samsung Electronics has held SDC in San Francisco every year since 2013. The company will disclose its blockchain technologies, including Samsung Blockchain Key Store, during this year’s event, which is held at a place where Apple has held the Worldwide Developers Conference (WWDC).
Samsung Electronics introduced digital asset services such as “Samsung Blockchain Wallet” ahead of Apple through the Galaxy S10 launched in March. The company will directly introduce “Blockchain Key Store and Wallet” on the home ground of its chief rival.
"Samsung Electronics has been a latecomer in mobile operating system (OS) and app store ecosystems, although it has been a strong player in the hardware market including smartphones. But it is seeking to beat its competitors in the dApp ecosystem based on blockchains,” an industry insider said. "Recently, Samsung Electronics expanded software development kit (SDK)’s support areas for the blockchain Key Store to include Ethereum and Bitcoin and even Kakao Klaytn. The move was made for the popularization of dApp services."