Samsung and SK Telecom, a South Korean mobile carrier, unveiled the world’s first 5G smartphone equipped with blockchain-powered ID authentication.
Blockchain-powered features incorporatedThe company stated that the blockchain-powered system is utilized when users pay for goods and services at offline merchants with the SK Pay.
The latest on blockchain phones development in AsiaSouth Korea has been a benchmark in the development of blockchain-powered phones.
For example, Cointelegraph reported in 2019 that mobile giant LG was developing a blockchain phone in response to Samsung’s crypto-friendly Klaytn Phone.
Chinese sources reported in September 2019 that Huobi-invested startup, While Network, had launched its blockchain-powered smartphone, Acute Angle, in Southeast Asia.

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