Punxi X, through a blog post, disclosed that it has incorporated its crypto wallet solution in the blockchain system of Samsung, boosting the adoption of blockchain technology.
The blog post reads as follows:
“Samsung Galaxy S10 users can move cryptocurrencies stored in the Samsung Blockchain Wallet into the XWallet, which they can then use as a checking account for instant crypto transaction with Pundi X’s global payment ecosystem.”
Presently, the XWallet offers support to cryptos such as Bitcoin (BTC), Binance Coin (BNB), Ether (ETH), NEM (XEM), KuKoin Shares (KCS), Qtum (QTUM), KNC, and also Pundi X’s native tokens NPXSXEM and NPXS.
The app allows users to transfer cryptos held in the Samsung blockchain wallet into the XWallet, which is also provided in XPOS, a blockchain PoS gadget made available in 25 countries.
Samsung initially revealed that its Galaxy S10 model will have wallet features for cryptocurrencies from February onwards. However, in May, Samsung disclosed that even its budget smart phones will have crypto and blockchain features. In this regard, Samsung’s official issued the following statement:
“We will lower barriers to new experiences by gradually expanding the number of Galaxy models that support blockchain functions. We will also expand our service target countries after Korea, the United States and Canada.”
Earlier this month, Pundi X stated that it has incorporated its crypto payments system into a gadget created by the US point-of-sale systems manufacturer VeriFone. The endeavor intends to permit a broader network of vendors to receive cryptocurrency payments.