Less than 24 hours ago, Samsung Mobile announced the release of its next-generation Galaxy smartphone. The new Samsung Galaxy S10 is beautifully designed, and it includes a new feature that many crypto enthusiasts might appreciate.
Meet the Next Generation Galaxy. #GalaxyS10Learn more: https://t.co/UstjA79jjF pic.twitter.com/hXOOfafTH1
— Samsung Mobile (@SamsungMobile) February 20, 2019
Samsung Galaxy S10
In the official press release Samsung explains:
“Galaxy S10 is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services.”
That’s right. The new Samsung Galaxy S10 will include storage for private cryptocurrency keys. However, that’s the only information the company released on the phone’s private key storage. It remains unknown how detailed the security is on the phone in storing private keys. However, many phones nowADAys store credit card information and account data, such as with Apple Pay.
It may just be that logging into your accounts on unsecured internet networks could pose a risk to exposing your private keys. The same way it is warned to never log into any financial accounts while sitting at a local Starbucks.