electronics giant may end up developing a public-private complete with its own , an anonymous source told crypto industry outlet on April 24.
The project, part of an undertaking by the company’s dedicated division, would see a mainnet appear based on (), along with a new asset dubbed Samsung Coin.
“We expect Samsung Coin to come out in the market, but the direction has not yet been decided,” the source, who is in touch with the plans, told the publication.
The , while not confirmed officially, comes as Samsung continues its various forays into both the and spheres.
Last week, the company gave a fresh signal about its belief in the long-term profitability of the emerging phenomena as it participated in a in -based app ZenGo.
Samsung’s existing enterprise offering, Nexledger, also continues to see uptake from entities worldwide, most recent of which came in the form of IT giant .
The ETH-based offering would meanwhile likely incorporate elements of both public and private blockchains, with exact details similarly still forthcoming.
“Currently, we are thinking of private , though it is not yet confirmed,” the source added. The source continued:
“It could also be public in the future, but I think it will be hybrid – that is, a combination of public and private blockchains.”
Published at Wed, 24 Apr 2019 12:02:57 +0000