| Customers: Samsung Electronics Electrical and Microelectronics Contractors: Gemini Trust Company Product: Samsung Galaxy (series of smartphones)Second product: Projects based on blockchain technology Project date: 2020/05
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On May 28, 2020 the American Gemini Trust Company announced the conclusion of the partnership agreement with Samsung Electronics under the terms of which users of mobile application of Samsung Blockchain Wallet will be able to buy, sell and trade in cryptocurrency at the Gemini exchange without use of the additional software.
Samsung became one of the first largest producers of the mobile phones releasing devices with the preset purse for storage of cryptocurrencies, such as bitcoin, air, etc.
Having connected the purse of Samsung Blockchain to Gemini, users can browse balance of the accounts in Gemini service and also move the cryptocurrency to "safe" Gemini Custody — the storage regulated by trust laws of the USA with an insurance coverage in $200 million.
According to the chief executive of Gemini Tyler Winklevoss, adding of support of Gemini in a purse of Samsung for the storage of cryptocurrencies available to owners of Galaxy devices, will make cryptocurrency more popular among mobile users around the world.
 | Cryptocurrencies are not just technology, this movement. We are proud of the fact that we work with Samsung, informing the advantages promised by cryptocurrency, such as freedom and independence, to the bigger number of people worldwide — Tyler Winklevoss said. — Now users a blockchain purse of Samsung can buy virtual currencies by an easy and safe way on Gemini. |  |
Samsung Blockchain Wallet with support of Gemini is available to owners smartphones of series Galaxy S20, Galaxy S10 and Galaxy Note 10 and also on models Galaxy Fold and Galaxy Z Flip in USA and To Canada. Availability in other countries it is not announced. Besides, function is unavailable on devices in network of Verizon operator.[1]
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Notes
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