Storage

The company has introduced a processor in the Galaxy S20 series to store the first cryptocurrency and tokens of the ERC-20 standard. Samsung's Galaxy S20 smartphones have a storage feature for Bitcoin, Ethereum and other digital currencies that support the ERC20 protocol.

Most, if not all, digital systems are exposed to cyber security risks, thus, it is vital to innovate solutions to protect them and record proof of possible attacks.

On Wednesday, President of Venezuela Nicolas Maduro revealed that 30 million barrels worth of oil placed in storage tanks is going to work as the backing for the OPEC nation’s government-owned digital asset known as Petro, that has been going through tougher times including being sanctioned by the U.S government under the leadership of President Donald Trump.

Philippines Department of Trade and Industry (DTI) recently signed a Memorandum of Understanding (MoU) with a United States startup, Monsoon Blockchain Storage Inc., to enhance the effectiveness of the technology implementation.

The Austrian Post has presented the world's first special cryptocurrency and blockchain stamp. The groundbreaking special block links the analog and the digital era. From the dirndl embroidery and lederhosen stamp to exceptional items made of porcelain, glass, meteorite dust or sparkling Swarovski crystals in the past few years.

A platform for property rights protection using blockchain technology has recently been launched in Italy. It will provide storage and digital management services for intangible assets including cryptocurrencies. Customers will also be helped in conducting different strategic matters for the management, conservation and protection of rights, so as to reduce the risks of dispersion and loss of IP rights.

Giant Singapore-based crypto exchange DragonEx announced on Tuesday March 26, that its platform has been attacked by anonymous hackers who escaped with a weighty amount of user funds. The overall amount of stolen funds is not yet known.

The electronics bull, Samsung has officially declared that the blockchain and cryptocurrency wallet for its Galaxy S10 phone is at this time compatible only with Ethereum (ETH) and Ethereum-derived ERC20 coins. Bitcoin (BTC) and other major cryptocurrencies are not yet supported, regardless of the BTC logo surfacing on previous pre-release presentation pictures.

Its now confirmed that the Galaxy S10 supports crypto. With its headquarters based in South Korea, Samsung, an electronic conglomerate, has officially entered the blockchain and cryptocurrency industry after announcing a variety of new electronic products ranging from foldable phones to new wearables.