Stellar Foundation partners with Samsung to integrate its Blockchain ecosystem
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.