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Samsung Announces BTC and Ethereum Support and other Crypto Partners for Galaxy S10
Samsung has announced crypto partners for its newly launched Galaxy S10 series. The smartphones will feature various crypto and blockchain related features, such as wallet functions for Ethereum (ETH), Bitcoin (BTC), COSMEE token (COSM), and Enjin’s token (ENJ). COSMEE is a blockchain-powered mobile beauty decentralized app with which users can earn and spend COSM tokens. And, Enjin is another cryptocurrency wallet that can be used to send and receive ERC-20 tokens and ERC-1155 crypto game assets.
Telefonica Partners with Microsoft to Expand Blockchain and AI Services
Telefónica, Spain’s telecom company, has partnered with Microsoft to use blockchain and Artificial intelligence (AI) in expanding its digital innovation. As stated, Telefónica will leverage Microsoft’s Azure platform to build new services tailored for the telecoms industry. The company is already using AI to improve its customer relationships and is looking forward to reaping more benefits of Azure AI.
Accenture, Mastercard and Amazon Collaborate for Sustainable Supply Chain on Blockchain
Accenture has announced its collaboration with Mastercard, Amazon Web Services, Everledger and Mercy Corps to introduce a ‘circular supply chain’ focusing on creation of a blockchain-based transparent supply chain platform. The platform will use digital identity management and blockchain technology to enable consumers know the complete supply chain journey of products, from start to finish.
Mercedes-Benz Launches Blockchain Pilot to Explore Better Third-Party Suppliers
Mercedes-Benz, owned by Daimler AG, has partnered with Icertis, a provider of contract management software for enterprise businesses, to launch another blockchain-based pilot project. The pilot will focus on analyzing how blockchain can improve the documentation of contracts in supply chain, thereby helping Daimler to explore better third-party suppliers with greater transparency.
Bank Frick Launches New Institutional Crypto Trading Platform
Bank Frick, a Liechtenstein-based bank, has announced the launch of its subsidiary, DLT Markets, an institutional cryptocurrency trading platform. The subsidiary is aimed at offering institutional investors with fully regulated and secure multi-exchange access to the digital token asset class. Edi Wögerer, CEO of Bank Frick, has said that DLT Markets will be serving as an unique entity reaping the benefits of a fintech company integrated with a bank regulated by the EU.
Siemens Conducts Blockchain Money Market Pilot with Commerzbank and Continental
Siemens has conducted a blockchain-based money market security transaction pilot, in collaboration with Commerzbank, a banking and financial services provider in Germany, and automotive company Continental. The pilot was carried out in January, where Continental acted as the security issuer, Commerzbank provided R3’s Corda-based blockchain platform, and Siemens acted as an investor. As per sources, the results demonstrated transactions with greater flexibility, efficiency and transparency.
Marshall Islands to Issue Physical Banknotes for Decentralized Digital Currency
The Marshall Islands, a US associated state near the equator in the Pacific Ocean, has signed an agreement with Tangem, a blockchain-enabled smart card company, to introduce Sovereign (SOV), the world’s first decentralized digital currency in physical banknotes form. However, the International Monetary Fund (IMF) has opposed the state’s plans to launch SOV. In September 2018, it urged the island not to create a national digital currency, due to the associated concerns such as macroeconomic and money-laundering.
Mark Zuckerberg Hints on Enabling Blockchain-based Facebook Login
Mark Zuckerberg, Facebook’s CEO, in a recent interview with Jonathan Zittrain, a Harvard Law Professor, has revealed his plans to enable Facebook login using blockchain, which is expected to eliminate the need to depend on 3rd party services like Facebook Connect, a single sign-on app. The pros of the move include empowering the individuals to know when and how they might be giving consent to an entity to use their credentials.
Samsung Galaxy S10 Steps into Market with Cryptocurrency Storage Feature
Samsung has launched Galaxy S10 smartphone, featuring cryptocurrency storage to house private cryptocurrency keys. Currently, the phone has been announced in Seoul, San Francisco, and London. According to the company, Galaxy S10 comes with Samsung Knox function that will provide a hardware-backed secure storage for the private keys. The feature is expected to enable the smartphone users experience streamlined blockchain-enabled mobile services.
Binance Launches Decentralized Crypto Exchange Testnet
Binance has announced the launch of testnet of its new decentralized cryptocurrency exchange, Binance DEX. The exchange, which is based on Binance Chain, is now available for customers, and allows users to create wallets and exchange tokens on the Binance DEX testnet. The exchange is also claimed to support secure decentralized software and hardware wallets.