Stellar Foundation partners with Samsung to integrate its Blockchain ecosystem


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Categories : Bitcoin

The Stellar Development Foundation (SDF) announced the official integration of its blockchain ecosystem into the Samsung Blockchain Keystore on July 15. This integration is intended to provide a solution for Stellar’s end users to store their private keys on selected Galaxy smartphones.

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According to the announcement, developers in Stellar’s ecosystem will be able to create blockchain-related applications and services for Samsung Galaxy smartphone owners.

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Denelle Dixon, CEO and executive director of the Stellar Development Foundation, commented on the partnership with Samsung:

„The integration of Stellar into Samsung’s Blockchain Keystore is a significant step forward for our network and the incredible ecosystem of applications created on this platform. Samsung provides a key management solution that is easy to use and generates greater adoption of blockchain technology. With this integration, we have opened up a new network of users who can benefit from the combined innovation of Stellar and Samsung.

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Samsung smartphones that are eligible for this integration include the Galaxy S20, Galaxy Z Flip, Galaxy Note 10, Galaxy Fold and Galaxy S10 series.

Cointelegraph reported in May, that SDF invested another USD 550,000, paid in XLM, in the Berlin-based instant payment platform, SatoshiPay.

The Foundation’s third investment in SatoshiPay brings the Enterprise Fund’s investments during the year to a total of USD 6.3 million.