Samsung Blockchain arrives in Brazil offering ‘ultrasecurity’

A storage space with a high level of security dedicated to digital signatures and private keys for manipulating and viewing cryptoactives has just arrived in Brazil, the Samsung Blockchain Wallet, “making the use of an external hard drive or pendrive, for example, unnecessary”.

Available to users of smartphones like Galaxy A71, Galaxy S10 Lite, Galaxy Note10, Galaxy Z Flip, Galaxy Z Fold2, line Galaxy S20 and line Galaxy Note20, the novelty combines the Samsung Knox solution and Trusted Execution Environment (TEE) technology, and the country is the first in Latin America to receive it.

“There is a very significant market of people who invest in cryptocurrencies in Brazil and who, in order to view their wallets, need to carry a notebook and an external hard drive or a separate pendrive with private keys. These devices do not always offer the level of security necessary for protect this information”, explains Bruno Costa, senior manager of content and services for the area of ​​mobile devices at Samsung Brazil.

“With the Samsung Blockchain, from a combination of Keystore and Wallet, we offer the possibility of a much more practical monitoring, with storage on the device and monitoring directly on the smartphone screen”, he adds.

Commitment to the public

According to the South Korean giant, important documents can also be stored on the Samsung Blockchain Wallet. To do this, just download the application at Galaxy Store and follow a step-by-step step to enable the solution, which automatically recognizes the device’s Samsung Blockchain Keystore. “Thus, it is possible to view the cryptoactive portfolio directly on the device’s screen”, he indicates.

The printout of the Motorola P50 TENAA shows that more options may appear in the future

Finally, for Bruno Costa, the action reinforces “Samsung’s commitment to Brazilians to offer solutions that facilitate the daily lives of people in their most different profiles” by launching “a tool that raises the level of security and provides users convenience to store in their smartphones, sensitive information, such as documents and private keys, as well as the management of cryptoactives, allowing you to check balances, send and receive cryptocurrencies.”

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