Blockchain News Today

Samsung has filed apps for three blockchain-associated trademark requests in EU for smartphones. Based on the descriptions given by the organization, the three European trademark requests associated providing cryptocurrency custody services on smartphones, which implies that Samsung is planning to make its access into the ‘blockchain mobile phone’ market following the latest release of HTC’s Exodus 1 and Sirin Labs’ FINNEY, each of which also provide crypto custody. Dutch tech news blog Galaxy Club reports that the 3 requested patents are known as ‘Blockchain KeyStore‘, ‘Blockchain Core‘ and ‘ Blockchain key box‘ – names that absolutely trace at the direction the world’s largest mobile phone maker is taking. The timing of the news once more emphasizes the fact that in spite of the well-documented woes of the cryptocurrency market this year, a number of influential corporations like Samsung and HTC consider that cryptocurrencies and blockchain technology could be key growth drive

As per the local news outlet Joongnag every day, a blockchain corporation based in Korea believes that it has discovered what it takes to modernize blockchain technology and produce even faster pace to the manner that transactions are being performed. A blockchain company, SymVerse that was initiated in advance this year, held an occasion and hosted a protest on November 28, 2018. The CEO of SymVerse, Choi Soo-hyuk, calls the enterprise’s platform “the correct community to function decentralized programs. Our community is an all-in-one platform characterized with the aid of a multi-blockchain shape, which enables better speeds and features.” As per the report, the corporation’s blockchain platform can assist transactions at a miles faster pace, as its execution doesn’t require smart contacts. The snail speed at which blockchain methods transactions have been seen as one of the major barriers to its wide-size adoption. But, SymVerse, with its quick and powerful version of t