Quote from: isaac_clarke22 on May 03, 2019, 02:19:53 PM

Quote from: fillippone on January 24, 2019, 11:50:38 PM

Quote from: Muzika on January 24, 2019, 11:42:07 PM

Well, what do you think is the positive impact on the crypto industry, and at the same time what is the negative impact of it. It seems to me that cryptocurrency will be known because it will be use to a product by a big company and it will be on their upcoming latest phone, it will create awareness at the same time it can set aside those negative about crypto.What do you think?

Here is the link: https://www.theblockcrypto.com/2019/01/24/samsung-galaxy-s10-images-show-embedded-cryptocurrency-wallet/

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3. Privacy. Embedding a wallet in a phone link my wallet to my IMEI, that is linked to my identity. That phone comes with an embedded KYC
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Especially for number 3, assuming that one's phone is a rooted phone which might affect the IMEI (happened to me quite few times where my IMEI went missing) and I might need to reconfigure it where it assigns my IMEI randomly just to get me started in using my mobile network carrier.
It is convenient to have a phone but the convenience becomes an exploit for hackers to gain access to your phone such as untrusted networks when you connect to some free Wi-Fi nearby.

I don't think anyone with sound knowledge of how vulnerable a rooted phone is would risk rooting his/her phone with an embed wallet in it, except of course the user done intend to make use of the wallet to store funds, otherwise that will be a very bad idea to root such phone,
this move by samsung will somehow increase the awareness about crypto hopefully, i know many more mobile phone companies will want to emulate Samsung.