Tech giant Samsung introduced today at their Unpacked 2022 event the Samsung Wallet. It can contain personal IDs, including student IDs, driver’s licenses, and state IDs, plus digital house or vehicle keys, credit and debit cards, boarding permits, and immunization data. The wallet may also be used to “access and explore complicated digital items” such as cryptocurrencies.
The wallet facilitates safe payments, presumably using Samsung Pay. The Samsung Wallet will be supported across all Galaxy S22 series phones. However, it’s not foolproof if earlier Galaxy phones are supported.
User information on the Galaxy S22 series is safeguarded by Samsung’s Knox Vault technology, which leverages its own secure CPU and memory. It separates passwords, Blockchain keys, and other sensitive information from the phone’s primary operating system to keep it more secure.
Samsung putting up some competition with Apple
The Samsung Wallet is a new rival to the Apple wallet, allowing Apple customers to save identical payment details and personal data. Unlike Apple, Samsung has been keen on crypto for a long time. On May 13, 2021, Samsung announced that it would allow users to use blockchain on their devices with support for hardware wallets. Apple had recently revealed plans to provide Tap to Pay on the iPhone, hinting at the possible chance to include support for cryptocurrencies.
Samsung deep dives into the metaverse
The Galaxy Unpacked 2022 event was held in the Decentraland Metaverse. Samsung revealed their latest Galaxy smartphones at a virtual Samsung 837X venue. More than 100,000 people registered for the virtual event, which included the opportunity to pre-order the new premium cellphones.
In early January, the firm made its Metaverse debut by launching its flagship 837 shop in collaboration with Decentraland. “This is one of the largest brand land takeovers in Decentraland’s history,” the company claimed at the time.
Samsung is likewise seeking to get its hands on NFTs. They stated that starting with its 2022 TV range would provide broad support for NFTs.
“In 2022, Samsung will launch the world’s first TV-based NFT explorer and marketplace aggregator, a ground-breaking platform that allows you to browse, purchase, and show your favorite art in one location.”
More data on the NFT platform should be accessible once the 2022 TVs start selling in the following months.