Samsung Seeks Uk Trademark For Cryptocurrency Wallet

South Korean electronics big Samsung is seemingly trying to find a trademark in the United Kingdom for a cryptocurrency wallet, according to a Dec. 27 filing with the U.K. Intellectual House Office.

In the “Classes and terms” segment of the software, Samsung cites such developments as “Computer software for use as a cryptocurrency wallet Computer system application for cryptocurrency transfer and payment using blockchain technologies Pc application computer software for smartphones, specifically, software package to permit consumers to transfer cryptocurrency based mostly on blockchain know-how and pay out via 3rd party’s application software package.”

The software follows rumors — subsequently refuted by Samsung —  that the organization has programs to include things like a cryptocurrency cold wallet on its Galaxy S10 smartphone. Samsung submitted three European Union trademark applications for blockchain- and cryptocurrency- associated software program on Dec. 10.

Previously in December, Cointelegraph claimed that main smartphone maker HTC built-in decentralized browser Courageous on the HTC Exodus 1 mobile phone, “the to start with native blockchain phone” with aid for several blockchains, including Bitcoin (BTC) and Ethereum (ETH) networks.

Previous thirty day period, blockchain-targeted electronics supplier SIRIN Labs introduced its to start with blockchain-based smartphone referred to as FINNEY. Dependent on both Android and SIRIN’s open up-source running procedure, SIRIN OS, the FINNEY cell phone presents a cold-storage crypto wallet and provides encrypted communications.

In October, Samsung’s generation wing, Samsung Foundry, released a new manufacturing procedure of its 7-nanometer (nm) Lower Electrical power Moreover (7LPP) approach node, which could lessen its electricity use by up to 50 per cent. The chip could purportedly have good implications for crypto miners usings Samsung’s components, as energy fees verify to be a significant issue in the industry’s profitability.

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