Samsung files cryptocurrency related trademark

Shortly after dismissing the Galaxy S10 cold storage wallet reports as “rumours and speculation”, the South Korean giant has apparently filed a cryptocurrency wallet trademark application in the United Kingdom.

The “Classes and Terms” section includes:

Smartphones; Tablet computers; Portable computers; Mobile telephones; Computer software; Computer software for use as a cryptocurrency wallet; Computer software for cryptocurrency transfer and payment using blockchain technology; Computer application software for smartphones, namely, software to allow users to transfer cryptocurrency based on blockchain technology and pay via 3rd party’s application software.

trademarks.ipo.gov.uk, Trade mark number UK00003363431

The trademark follows three other crypto-related filings in the European Union for “Blockchain key box”, “Blockchain core” and “Blockchain KeyStore”.

This is yet another piece of news that showcases Samsung’s ambitions to conquer specific niches in the cryptocurrency market. This new development, in addition to their September deal with bitcoin mining company Squire for ASIC chip manufacturing does hint towards a level of confidence that the cryptocurrency market will remain lucrative for years to come.

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