As per the report which has been revealed with the UK
Intellectual Property Office, one of the largest smartphone manufacturer
Samsung has filed for the digital currency trademark in the UK.
As of now, Samsung has declined the rumors of embedding
crypto cold wallets in their upcoming smartphones. But still, the company has
filed for the trademark applications for the blockchain and crypto-based
software.
The terms and conditions mentioned states that the software
would be going to be used for the crypto transfers, crypto wallet and
transactions over the DLT. Apart from just that, the software will also be
going to come up with support for the payment via the third party software.
In the market, Samsung Electronics is not the only one who
have developed blockchain based products. And is also in the middle of
acquiring three United Kingdom trademarks for the blockchain and crypto-based
software.
On the 11th of December, according to the report, HTC which
is a Taiwan based electronic tech giant has also revealed the launched of its
first blockchain smartphone by the name as ‘Exodus.’ Moreover, the company has
also unveiled that the Blockchain supported smartphone will be going to be
available soon for the pre-orders.
At the time of comparison to both the Android and SIRIN
Operating System, the SIRIN OS offers both the encrypted communications
facility and cold crypto wallet.
Samsung is one of the largest and most used smartphones in
the market with more than 20% of the market share. The firms also have the
power to guide the public about the blockchain and crypto, with an integrated
crypto wallet on their smart series of smartphone.