Samsung blockchain wallet adds support for Elrond token


Samsung has integrated Elrond (ERD) token on its blockchain wallet.

Revealing the news exclusively to The Block on Thursday, Elrond said Samsung has added support for the ERD token into its blockchain ecosystem in a “mutually beneficial” partnership.

Samsung users will get easy access to the token and decentralized applications (dApps) built on the Elrond network, while Elrond will get direct exposure to Samsung’s global customer base to reach out to masses, said Elrond. One ERD token is currently worth $0.001774.

Elrond did not provide details on which dApp will be first released but said it will be a consumer app and be announced and offered via the Samsung app store.

Elrond claims to focus on performance and usability for its blockchain network and said that it is “ready to go live with a Layer 1 solution which brings a 1,000-fold improvement over existing blockchains.”

Samsung blockchain wallet currently also supports bitcoin (BTC), ether (ETH) and Aergo token, among others. Earlier this week, Samsung also added support for TRON to enable developers to build applications on the TRON blockchain and to provide customers access to these applications via its blockchain-enabled smartphones.

Related Reading

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

TRON USDC now available

Delivering on a vision for an interoperable global standard for dollar digital currency, Circle and TRON have partnered to make USD Coin (USDC) available on the TRON blockchain, which has grown to more than 56 million accounts and nearly 2.5 billion transactions since its founding just four years ago. TRON is home to a broad ecosystem for digital assets in Asia and around the world, and the TRON community can now benefit from easy access to the world's fastest-growing, regulated dollar digital currency. 
Read Full Story
Sponsored Post