Sources close to the company say that the new product will be based on Ethereum technology, and is positioned as a public digital coin. Not even having time to get a chance for development, the idea was criticized by the mass of haters of the closed blockchain, although this has not yet been confirmed.
What to expect from Samsung Coin
Based on data provided by a source close to the South Korean brand, the new Samsung Coin is being developed with prospects for trading on the exchange. At the same time, the company has not yet decided on the final direction. However, if this project still gets investment capital, it is not difficult to guess that the brand will popularize its own digital currency, sell tokens. Perhaps it will be possible to buy shares or devices for their currency. Obviously, a proprietary Samsung Pay payment application will be introduced.
At the moment, the fate of the project largely depends on the unit involved in wireless technologies. Recall that work is ongoing from the beginning of that year.
