Cryptocurrency News

Samsung applies for trademark for crypto wallet in the UK

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.

Share
Published by

Recent Posts

Tomarket App – A Guide to $TOMATO Airdrop, Farming and Web 3.0 Drop Event

Tomarket, Telegram's mini-app hits 20+ million all-time users and 8.8+ million daily active users. Tomarket…

2 months ago

Binance Lists Decentralized and Open L1 Blockchain Toncoin (TON) on its Platform

Cryptocurrency exchange Binance, today announces the listing of Toncoin on its platform. Toncoin is a…

3 months ago

iGaming Platform BC.GAME Signs $40 Million Deal to Become Principal Partner of Leicester City

The iGaming platform BC.GAME has signed a landmark $40 million deal to become the "Official…

4 months ago

Coinbase faces new lawsuit that claims SOL, MATIC, NEAR, MANA, ALGO, UNI, XTZ and XLM are securities

Coinbase crypto exchange and its CEO, Brian Armstrong, faces a new lawsuit that claims Solana,…

6 months ago

Service Beyond Gaming: The Support Experience at HugeWin

In the world of online gambling, the quality of customer service can make or break…

7 months ago

Bitcoin (BTC) Cycle: Aiming for $155,000 Peak by August 2025

Since its launch in 2009 Bitcoin has experienced several cycles characterized by bull and bear…

7 months ago

This website uses cookies.