Coindesk published a
REPORT that Samsung may soon issue their own token (Samsung Coin). It is still not confirmed yet but news like this are most welcome. Let's see how things unfold.
Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid that is, a combination of public and private blockchains.
Wow, another coin to do what? We just keep piling up so many utility coins in the market that are of no much use and will not grow. I know they have large fan base but it doesnt mean that all their fans will accept to use the coin and moreover, they can only use it to purchase Samsung products.
Since they have already choosing to develop the wallet on the phone based on ethereum, they would have as well just go into partnership deal with ethereum instead of creating another coin, now we have to still start swapping some tokens or Fiat to Samsung coin again to be able to have access to their products. Well, lets wait and see the outcome.