Samsung has begun preparation on adding cryptocurrency to Samsung Pay


The network disseminates information about the plans of the South Korean corporation to add a new function to its payment service.

Samsung is preparing to add support for cryptocurrency in its service Samsung Pay, writes Business Korea. The company transferred the work of the blockchain group from a mobile unit to a service unit, previously it was engaged in adding a digital wallet to the Galaxy S10.

The new head of the group has been appointed vice president of the service division of Kim Yong-jo Corporation, he is working with Samsung Pay. Such personnel changes were made during the announcement of the company's plan to strengthen the focus on the blockchain and cryptocurrency.

In mid-May, Samsung announced plans to integrate an e-wallet into inexpensive Galaxy mobile devices. In early spring, the corporation introduced the flagship smartphone S10 with a similar function.
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