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Samsung might launch its own Samsung Coin

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Samsung is developing a blockchain structure and — potentially — a cryptocurrency sign called “Samsung Coin.”

This is according to a report by CoinDesk Korea, which quotes an unnamed company official very well known “Samsung’s internal situation.”

SEE ALSO: Elon Musk says Dogecoin is his favorite cryptocurrency

Details are scarce, and nothing is confirmed, but the blockchain system could either be public or hybrid — a combination of public and private blockchains.

One important item: This blockchain network will reportedly be based on Ethereum, a popular smart-alecky contract stage which draws it somewhat easy to deploy your own cryptocurrency token. Read more …

More about Samsung, Cryptocurrency, Samsung Coin, Tech, and Cryptocurrency Blockchain

Read more: mashable.com

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