The partnership gives Sei direct mobile distribution across key crypto markets and includes plans to pilot stablecoin payments in 2026.
Samsung News
Samsung is a transnational conglomerate founded in 1938 and headquartered in Seoul, South Korea. Samsung is active in various industries. The largest part of Samsung is Samsung Electronics — one of the world’s biggest companies in terms of revenue — which specializes on IT, consumer electronics and chipmaking. Samsung is also present in the construction business, life insurance and marketing. Samsung SDS — the company’s IT provider — is actively working on improving business processes of Samsung with blockchain implementation. The most promising of them is blockchain for supply chain management. Samsung news is that it’s cashing in on cryptocurrency usage and mining. The relationship between Samsung and Bitcoin is mostly built on proof-of-work mining. As Samsung is one of the largest computer chip makers — which are used in PoW mining — the growing demand for them is a way for gathering huge profits.
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Tether said the system is designed to give users control over biometric data by keeping analysis and storage off the cloud.
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Samsung Wallet and Coinbase aim to provide easier access to cryptocurrency for 75 million US Galaxy users, with a global rollout planned for the future.
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Coinbase Ventures led a $14.6 million round for Bastion, a startup providing white-label stablecoin issuance with backing from Sony, Samsung, A16z and others.
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Samsung has partnered with decentralized science protocol Galeon to integrate AI features into its ultrasound devices and supply anonymized AI training data.
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Learn how Samsung’s Knox Matrix uses blockchain technology to secure connected devices, ensuring safer AI home appliance networks.
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Already available on Google Pay, Alchemy Pay’s virtual card is now coming to Samsung Pay, giving users another seamless way to spend their crypto.
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A Samsung executive said a successful implementation would be more “mobile” and look “radically different” from the phones consumers are used to today.
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Apple’s letter to a federal judge previewed its slated dismissal motion to a U.S. antitrust suit, with the firm claiming prosecutors didn’t define where it has a monopoly.
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The South Korean manufacturing conglomerate also plans to invest up to $45 billion in expanding its Texas facility by the end of the decade.
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Canada is launching a fund to invest in AI infrastructure, grow startups, and create a new AI safety institute.
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The race to develop AI chips continues as Samsung’s chip manufacturing department partnered with Canadian startup Tenstorrent to produce chips and intellectual property for data centers.
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The AI chip developing company Tenstorrent just closed a funding round worth $100 million, which was led by manufacturing giants Samsung and Hyundai.
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The collaboration will have both parties researching the offline capabilities of the CBDC issued by South Korea’s central bank.
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The information was published on WIPO’s global database for intellectual property on May 11, 18 months after LG filed its application.
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