Samsung releases Ethereum blockchain SDK beta for the latest Galaxy smartphones
In Samsung’s latest move into crypto, the electronics juggernaut made the beta version of its blockchain SDK for the Ethereum blockchain available to partner developers. The kit provides additional tools for dApp and blockchain mobile development on the latest Galaxy smartphones.
Samsung announced the beta version of its blockchain software development kit (SDK) is available for partners who request early-access to the tools. The kit represents the next step in Samsung’s push to enable Ethereum functionality on its Galaxy S10e, S10, S10+, S10 5G and the Galaxy Fold smartphones. The company said in May it would also expand crypto features to budget phones in its lineup.
LG Expands Blockchain Ambitions With Food Ledger and Crypto Trademark
LG Corporation, the South Korean electronics conglomerate, may be expanding its blockchain initiatives.
On July 2, the firm filed a trademark application on that describes an electronic wallet that may contain capabilities for cryptocurrency. Additionally, LG CNS, the firm’s IT subsidiary, announced that it will add food distribution services to it’s Monachain distributed ledger, according to ZDnet. While a registration doesn’t define a company’s strategy it is an interesting insight in the electronics giant’s future plans.
Through a partnership with IT service provider SayIT, LG intends to track food being served in Korean school cafeterias. The service will provide transparent access to “production, processing, distribution, acquisition, and consumption” data for agricultural products.
The firm said the initiative is aimed at improving students’ health, and will collaborate with local governments to make the data publicly available.
Facebook to Senators: Libra Crypto Will Respect Consumer Privacy
A similar letter was sent to the House Financial Services Committee, the Hill reported earlier Tuesday.
In the letter, which was printed on Facebook letterhead, Marcus said personal data would not be attached to any transactions conducted on the Libra blockchain.
“Similar to existing and widespread cryptocurrencies such as ethereum and bitcoin, transactions that take place directly on the Libra Blockchain are ‘pseudonymous,’ meaning that the user’s identity is not publicly visible,” he wrote, reiterating a promise Facebook has been making since it unveiled the Libra project last month.
The blockchain addresses in a transaction, a timestamp and the transaction amount will be public, but any know-your-customer (KYC) or anti-money-laundering (AML) information would have to be stored by the wallet providers.
As a caveat, Marcus noted that Libra will be an open-source platform, any third party developer will be able to build their own digital wallet.