Samsung is releasing a better cryptocurrency-enabled smartphone

Samsung is releasing a version of its newest flagship smartphone that supports 34 cryptocurrencies, including Bitcoin and Ethereum, and a variety of DApps, as first reported by the Wall Street Journal.

The largest smartphone manufacturer in the world by market share is offering a cryptocurrency-enabled Galaxy Note 10 variant, the "KlaytnPhone" on Thursday, exclusively to the South Korean market.

The smartphone includes a feature for securely storing cryptocurrency private keys through its "Blockchain-enabled" mobile services.

It comes with a pre-installed cryptocurrency wallet, where users can transfer funds and review transaction history.

The latest flagship smartphone will not differ in terms of hardware and packaging from the existing two sizes of the Galaxy Note 10, but it will come with Klaytn's full range of transaction services and blockchain applications.

Earlier this year, Samsung announced that it was releasing its first crypto-friendly smartphone, the Galaxy S10, which only supported Ethereum and ERC-20 tokens.

The partnership is a clear sign of the major steps that the smartphone manufacturer giant is taking towards boosting the adoption of cryptocurrencies.

"Whole Network," a startup backed by Huobi, will formally unveil its Acute Angle smartphone next week.

Apple is another phone manufacturer to watch out for, with the corporation recently revealing its awareness and optimism towards the cryptocurrency industry.

It seems smartphone makers are bullish on blockchain.