Blockchain-Friendly Smartphone Introduced By Samsung

… get some of the new digital currency, called “Klay” coins, and some phones will come installed with blockchain apps and a cryptocurrency wallet.








Samsung’s latest Galaxy Note 10 aims to boost blockchain adoption by making it more user-friendly, The Wall Street Journal reported Thursday (Sept. 5).

The new product will be marketed as a “KlaytnPhone,” named after a South Korean blockchain platform, sources told the WSJ. Right now, it’s only being sold in South Korea.

The smartphone will have the same hardware and packaging as the recently-released Galaxy Note 10, and prices will start at around $1,000, the sources said.

Buyers will also get some of the new digital currency, called “Klay” coins, and some phones will come installed with blockchain apps and a cryptocurrency wallet.

Samsung is also rolling out the Galaxy Fold in South Korea. The tablet-sized phone folds like a book and will cost about $2,000.

Samsung is partnering with the creator of the Klaytn platform, Ground X Corp.

Blockchain relies on encryption to cloak a range of transaction data, but the technology is largely misunderstood. The technology is considered a potential game-changer during a time of increasing cybersecurity breaches.

In April, Samsung was planning to develop its own proprietary blockchain network, as well as launch its own cryptocurrency token. The South Korean company’s blockchain task force was working on an ethereum-based blockchain network.

“Currently, we are thinking of a private blockchain, though this is not yet confirmed,” a source told CoinDesk Korea. “It could also be a public blockchain in the future, but I think it will be a hybrid — that is, a combination of public and private blockchains.”

Samsung also invested $2.9 million into the French cryptocurrency company Ledger, which is best known for its hardware products. Its most popular product, the Nano S. Ledger, also recently released the Bluetooth-enabled Ledger Nano X, which boasts wireless connectivity, a larger screen, support for more crypto assets and faster speed.

Samsung published a blog post last year stating smartphones had the best security for blockchain and cryptocurrency.

South Korea’s Kakao Considers Listing Klay Cryptocurrency on Chinese Exchange

From the outright ban of initial coin offering (ICOs) following the 2017 crypto craze and 2018 crypto winter to depriving crypto exchanges of the right to …
Kakao Crypto Team

The renowned internet company Kakao, known as one of the largest conglomerates in South Korea, is looking to list its cryptocurrency Klay on one of China’s exchanges and add it to its impressive list of products in the financial sector.

The conglomerate, which already has an admirable reputation in the financial world, launched its blockchain platform in June, and its subsidiary Ground X is focusing on a possible wallet termed Klip wallet. While the initial plan was to leave Klay exclusively for developers who are looking to explore the firm’s Klaytn blockchain platform, it seems the high fliers are not turning a blind eye to the potential in the crypto market anymore.

As a matter of fact, Kakao is already considering listing its traditional currency – Klay. However, it is stuck on where exactly to list the digital coin.

AllStocks Cryptocurrency Exchange

While that may sound far-fetched, it is in fact a legit concern as the government of South Korea has not been especially friendly with the crypto sphere. Although cryptocurrency trading isn’t completely banned in the country, there are some stringent rules and gray areas that suggest the South Korean government isn’t having any of the crypto talk – at least not at the moment.

From the outright ban of initial coin offering (ICOs) following the 2017 crypto craze and 2018 crypto winter to depriving crypto exchanges of the right to own a bank account, it is clear that the government isn’t very crypto-friendly.

Having such a huge conglomerate in the crypto sphere will definitely raise all of the alarms that there is in the country. A government official who maintained anonymity rightly advised that the conglomerate is too big for the government to look the other way. Therefore, it may be impossible for the government to allow its crypto trading idea. “The government will not allow it,” the local news outlet News1 reported.

Knowing how must dust this would raise, Kakao is considering listing its token outside the country. Report has it that it is looking at two exchanges at the moment – one in South Korea and the other in China.

News 1 reported that the anonymous government official said that Kakao’s subsidiary “Ground X has attracted investment in cryptocurrency in Singapore, so it will be difficult to list in Korea, but it will be difficult in Korea.” (From Google Translate)

What do you think about Kakao’s move? Let’s hear from you!

Crypto Exchange Coming Soon
Sharing Is Caring:

Related Posts:

  • No Related Posts

Korea’s Top Regulator Chair Nominee Will Maintain Slow Approach To Crypto Assets

He was one of the main figures behind the Initial Coin Offering (ICO) ban and also in favor of imposing certain restrictions on crypto exchanges having …

Eun Sung-soo, the nominee to be the next chairman of the top financial regulator of South Korea, has recently talked about his future policies for crypto if he indeed gets to be in the position.

According to him, if he does get his position at the top of the Financial Services Commission (FSC), he is set to evaluate the crypto world with a slow approach.

He believes that these new assets really need more regulation in order to avoid money laundering and to be more transparent. However, he is also very cautious. He notices some degree of risk involving cryptos and has pointed at the Kimchi Premium to show how speculative cryptos can be.

The nominee also affirmed that this is not the time to fully integrate cryptos with the rest of the economy. According to him, a strong legal foundation needs to be properly established before this can happen. Doing it hastily could have side effects and he does not seem to be eager to try.

This, the local experts affirmed, can point out to a continuation of the policies that were started by Choi Jong-Ku, the current chairman who is leaving his position this week.

Choi is seen as one of the forces that stopped cryptos to be more prominent in South Korea. He was one of the main figures behind the Initial Coin Offering (ICO) ban and also in favor of imposing certain restrictions on crypto exchanges having bank accounts.

Crypto groups believe that this slow approach puts the industry in a bad position because only a few exchanges can work properly. The next chairman, however, doesn’t seem to agree with them.

Related Posts:

  • No Related Posts

Hashed CEO on New Trend In Crypto Startup Investing: Money Wises Up

Instead, they have just been stumping up money to initial coin offering (ICO) issuers and watching tokens get sent to exchanges. “Now they’re wising …
Hashed CEO on New Trend In Crypto Startup Investing: Money Wises Up 101
Source: iStock/baona

Blockchain investment is still in its early days. But with a scene that moves fast, it will come as no surprise to hear that the investment landscape has already changed beyond recognition.

Simon Kim, CEO of South Korea-based blockchain accelerator Hashed, says that the days of passive investors handing over cash in exchange for a fistful of tokens are gone.

“Until recently, most blockchain investors haven’t actually contributed to projects,” Kim tells Instead, they have just been stumping up money to initial coin offering (ICO) issuers and watching tokens get sent to exchanges.

“Now they’re wising up,” says Kim. “Investors are realizing that it’s far better to spend time and money on building real products with real value.”

Watch the latest reports by Block TV.

Doing so, he believes, will help discerning investors sort the wheat from the chaff – in a world where everyone and his dog now appears to be making blockchain investments.

Kim says,

“Building gateways for wireless, browsers and payment platforms – there are now a lot of investment opportunities in this area.”

Fast-developing scene

Hashed is a name that crops up frequently in South Korean blockchain news – largely because it is known to be working behind the scenes, backing and advising two of the continent’s largest and most ambitious blockchain projects to date – Link and Klaytn.

The two projects’ operators, Naver and Kakao, are rapidly becoming South Korea’s new tech center of gravity, surpassing even the hardware makers that put South Korea on the global business map.

Naver’s Line affiliate is the most popular chat app in Japan, and enjoys popularity in much of Southeast Asia. And through Line’s Link platform, the company is building a cross-border ecosystem that already comprises dapps, exchanges and tokens.

Kakao, meanwhile, rules the domestic chat app scene supreme and offers a range of e-pay and financial services. Its Klaytn platform has already won some powerful backers, including major international and domestic commercial banks, as well as mobile carriers and hardware makers like LG. Earlier this month, Samsung revealed that its smartphone blockchain wallet would be Klaytn-compatible.

Kakao has recently released details of Klip – a crypto wallet for KakaoTalk that finally joins the dots between its blockchain projects and its lucrative chat app operations. KakaoTalk has some 50 million users – most of them based in South Korea.

As such, Hashed finds itself well-placed, playing a key role with both Link and Klaytn – helping with both funding and leadership.

Kim thinks that one of Hashed’s key advantages is the fact that most of its senior executives (himself included) have a background in developing, rather than conventional finance, a fact that lets the company advise on technical matters – rather than just facilitate cash flows.

Game of blocks

Kim says investors are currently flocking to blockchain gaming – perhaps a natural move considering how powerful gaming companies in East Asia have become. This part of the world, after all, is home to powerhouses like Tencent, Bandai, Nexon and Nintendo, to name but a few.

Hashed CEO on New Trend In Crypto Startup Investing: Money Wises Up 102
Simon Kim. Source: Hashed

Blockchain and gaming are natural bedfellows, opines Kim.

“Centralized gaming is problematic,” he says. “The developers own all the assets, so those assets have no real value. It’s like Thanos’ finger snap: They can be wiped out at the drop of a hat. Only blockchain is strong enough to provide a suitable platform for gaming now. If you build a virtual world on top of decentralized foundations, that world will necessarily have more value.”

The company also has a foothold in the North American market, with offices in San Francisco. Half of its accelerator projects are based in the United States.

But there are many who believe that with Europe and the United States tech giants losing their grip at the top, East Asia is the most logical place for a blockchain revolution to begin. Big Japanese companies like Rakuten and SBI have already thrown their lot in with cryptocurrency, and most major banks in the region have already begun commercializing their blockchain operations.

China, which appears to be on the verge of a breakthrough with its digital fiat plans, is also a major blockchain player.

Regulatory roadblocks

But obstacles stand in the way of innovation in all three nations.

Japan’s crypto scene is arguably the most highly regulated in the world – with government agencies and lawmakers scrutinizing every move crypto companies make. China’s crypto-crackdown has forced many innovators overseas, with others choosing to work with the government on its own projects. And the ICO ban and restrictions on investment in cryptocurrency companies in place in South Korea have also forced many countries to relocate to Singapore or Hong Kong.

Although Seoul has happily given its blessing to a number of private blockchain projects, including local authority-run stablecoins, the central government still balks at public blockchain projects – and anything that smells too strongly of cryptocurrency.

Kim, though, is undaunted. He believes South Korea is a perfect base for blockchain accelerators.

He explains,

“The government’s ICO ban was sudden, and perhaps it came about due to an initial lack of understanding. But I’m confident that attitudes are slowly changing. I sense a real willingness to consider the future of the industry.”

He points to the government’s recent decision to award Busan, the country’s second city,with blockchain regulation-free zone status – although Seoul has already made it clear that Busan will have to put its hopes of allowing regulated ICOs on ice.

Kim says that other factors will help blockchain companies’ cause in his home country. He states, “The blockchain penetration rate and level of understanding about this technology among the general public in South Korea is the highest in the world.”

Regardless, people like Vitalik Buterin, co-founder of Ethereum, have already warned Seoul that it will be “hard” to separate blockchain and cryptocurrency policy.

Kim agrees with Buterin’s sentiment, but believes that attitudes will soften as common sense prevails. He says,

“Private blockchain projects alone don’t showcase the full value of the technology. Bitcoin’s growth owes much to the fact that it’s a public platform. I’m confident about the future of South Korea’s regulatory environment.”

Related Posts:

  • No Related Posts

FinFET FPGA Market – Major Technology Giants in Buzz Again | Intel, TSMC, Samsung, Xilinx

Some are the key players taken under coverage for this study are Intel(US), TSMC(Taiwan), Samsung (South Korea), Xilinx(US) & NVIDIA(US).

HTF MI released a new market study on Global FinFET FPGA Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global FinFET FPGA Forecast till 2025*. Some are the key players taken under coverage for this study are Intel(US), TSMC(Taiwan), Samsung (South Korea), Xilinx(US) & NVIDIA(US).

Check Exclusive Discount Offers Available On this Report @

Important Features that are under offering & key highlights of the report :

1) What all companies are currently profiled in the report?

Following are list of players that are currently profiled in the the report “Intel(US), TSMC(Taiwan), Samsung (South Korea), Xilinx(US) & NVIDIA(US)”

** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.

2) Can we add or profiled new company as per our need?

Yes, we can add or profile new company as per client need in the report. Final confirmation to be provided by research team depending upon the difficulty of survey.

** Data availability will be confirmed by research in case of privately held company. Upto 3 players can be added at no added cost.

3) What all regional segmentation covered? Can specific country of interest be added?

Currently, research report gives special attention and focus on following regions:

United States, Europe, China, Japan, Southeast Asia, India & Central & South America

** One country of specific interest can be included at no added cost. For inclusion of more regional segment quote may vary.

4) Can inclusion of additional Segmentation / Market breakdown is possible?

Yes, inclusion of additional segmentation / Market breakdown is possible subject to data availability and difficulty of survey. However a detailed requirement needs to be shared with our research before giving final confirmation to client.

** Depending upon the requirement the deliverable time and quote will vary.

Enquire for customization in Report @

To comprehend Global FinFET FPGA market dynamics in the world mainly, the worldwide FinFET FPGA market is analyzed across major global regions. HTF MI also provides customized specific regional and country-level reports for the following areas.

• North America: United States, Canada, and Mexico.

• South & Central America: Argentina, Chile, and Brazil.

• Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.

• Europe: UK, France, Italy, Germany, Spain, and Russia.

• Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

2-Page profiles for 10+ leading manufacturers and 10+ leading retailers is included, along with 3 years financial history to illustrate the recent performance of the market. Revised and updated discussion for 2018 of key macro and micro market influences impacting the sector are provided with a thought-provoking qualitative comment on future opportunities and threats. This report combines the best of both statistically relevant quantitative data from the industry, coupled with relevant and insightful qualitative comment and analysis.

Global FinFET FPGA Product Types In-Depth: , 22nm, 20nm, 16nm, 14nm, 10nm & 7nm

Global FinFET FPGA Major Applications/End users: Smartphones, Computers and Tablets, Wearables, High-End Networks, Automotive & Others

Geographical Analysis: United States, Europe, China, Japan, Southeast Asia, India & Central & South America

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

Competitive Analysis:

The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Intel(US), TSMC(Taiwan), Samsung (South Korea), Xilinx(US) & NVIDIA(US) includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

Buy Full Copy Global FinFET FPGA Report 2018 @

In this study, the years considered to estimate the market size of Global FinFET FPGA are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2018

Forecast Year 2018 to 2025

Key Stakeholders/Global Reports:

FinFET FPGA Manufacturers

FinFET FPGA Distributors/Traders/Wholesalers

FinFET FPGA Subcomponent Manufacturers

Industry Association

Downstream Vendors

Browse for Full Report or a Sample Copy @:

Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.

Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

About Author:

HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.

Contact US :

Craig Francis (PR & Marketing Manager)

HTF Market Intelligence Consulting Private Limited

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

Phone: +1 (206) 317 1218

[email protected]

Connect with us at

Related Posts:

  • No Related Posts