South Korean technology conglomerate Samsung has integrated Tron support to its decentralized app store, Blockchain Keystore.
According to a release note published on Oct. 29 to the Samsung Developers website, Samsung Blockchain Keystore SDK v1.2.0 now includes APIs that support TRX transactions.
Samsung has revealed it is today announcing its Samsung Blockchain Platform SDK at the Samsung Developer Conference 2019.
As commentators have been swift to claim, the new Tron integration means that APIs for all tokens conforming to the TRC10 or 20 standards - as well as Tron-based DApps - are poised to become accessible to anyone with the Blockchain Keystore among Samsung's near-one billion global smartphone user base.
Justin Sun, the CEO of Tron - which positions itself as a competitor to Ethereum by coupling decentralized finance with a wider decentralized internet ecosystem - had this week attempted to fuel hype by hinting at an undisclosed partnership with an allegedly "Hundred billion USD megacorporation."
As of August 2019, Samsung reportedly has a market value of $272.4 billion, according to Statista.
Sun had also claimed the partnership would "Broadly distribute TRON Dapps and tokens to billions of customers."
As reported, Tron has recently dislodged Ether from the second spot on the latest crypto rankings report from China's state-backed tech workgroup, the Center for Information and Industry Development.
Yesterday, TRX reported gains of as high as 25% against the U.S. dollar, perhaps due to a combination of Sun's provocative announcement and a milestone endorsement of blockchain technology from Chinese President Xi Jinping.
The latter prompted an explosion of domestic interest in Bitcoin and blockchain, according to WeChat search data, as well as a boom in blockchain company shares on the Chinese stock markets.
Samsung Integrates Tron and Mobile-Compatible DApp Building Tools
Published on Oct 29, 2019
by Cointele | Published on Coinage
Coinage
Mentioned in this article
Recent News
View All
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.