Competitive manufacturers of blockchain smartphones, Samsung and Pundi X, appear to see the advantages of working together on crypto adoption.
Pundi X announced in a blog post on Monday; the firms have entered a symbiotic relationship concerning their wallet tech, with Pundi X integrating with Samsung’s Blockchain Wallet and making its XWallet available to the Galaxy S10 phone’s blockchain app options.
“This presents a novel alternative to push blockchain technology and blockchain-based digital property into the mainstream, reaching the millions of Samsung smartphone users around the world,” the firm says in the post.
Pundi X alleges the news makes it the first fintech app in the S10’s blockchain ecosystem.
S10 customers will be adding XWallet to the Samsung Blockchain Wallet will be capable of transfer cryptocurrencies between the two apps. Pundi X suggests that customers can use Samsung’s wallets to store cryptos securely, “like a savings account,” and moving them to the XWallet “checking account” for use in payments.
Pundi X added that with XWallet just lately becoming accessible through XPOS – the agency’s blockchain level-of-sale system – extra cost choices will be on offer for S10 users because of this. The wallet can also be connected with XPASS, Pundi X’s NFC-enabled crypto payment card product.
Samsung launched its S10 flagship phone in March, revealing a daring blockchain play that saw it supply the crypto wallet alongside decentralized apps, merchant funds, and different features such as blockchain signing.
Details of Pundi X’s gadget have been displayed at the Mobile World Congress conference in Barcelona in February, and a launch is expected later this year. The model XPhone is said to be able to make calls over a blockchain.