Meet Blockchain smartphone from LG!

According to media reports, the South Korean electronics manufacturer LG Corporation will soon release a smartphone for the blockchain.
The company has already completed a market research on blockchain companies and decentralized applications (dApps), according to a local media source, IT Chosun, citing an industry source.

“LG is likely to respond to Samsung’s innovative initiative,” the source added.

Another LG Group spokeswoman told IT Chosun that the company is "struggling to apply blockchain to smartphones as organically as possible."

Just last week, LG rival Samsung - released a new KlaytnPhone blockchain smartphone with a built-in cryptocurrency wallet. KlaytnPhone will be a variation of the recently released flagship Samsung Galaxy Note 10, which will support a cryptocurrency wallet and decentralized applications.

The smartphone received the name KlaytnPhone in honor of the Klaytn blockchain platform, which was developed by a subsidiary of the South Korean giant Kakao GroundX. In late July, it became known that a cryptocurrency wallet from Pundi X will appear in the Samsung Galaxy S10.

As for LG, in July it was reported that a South Korean company was working on a cryptocurrency wallet - not so long ago, it applied for the registration of the ThinQ Wallet trademark.
Source

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