Samsung, the South Korean tech giant, reportedly filed a patent for a “programmable blockchain solid-state drive and switch” earlier this year on January 15, which was then published on February 2.
Patent Hints at Greater Blockchain Integration
It has been reported that Samsung filed a patent for a Blockchain-enabled Solid-State Drive (SSD) which could reportedly be incorporated into devices to “improve the speed and life span of blockchain-aware storage devices.”
To permit this technology, Samsung will reportedly use Field Programmable Gate Arrays or FPGAs — devices that can be placed in between general-purpose processing devices and Application Specific Integrated Circuits (ASICs).
Manufacturers can then program the device to calculate algorithms with greater efficiency contrasted to general computing devices. A key difference from ASICs is that this technology allows devices to be reprogrammed to support various algorithms. However, the devices may be flexible enough to mine cryptocurrency.
Although, there have been no further developments regarding when the company plans to unveil products that make use of this technology.
Samsung Revolves Around Crypto
<img src="https://www.cryptonewspoint.com/wp-content/uploads/2019/09/Samsung-Ledger-860x430.jpg" alt="" class="wp-image-1501 lazyload" width="471" height="236" />
Recently, Samsung, one of the largest manufacturers of electronics worldwide, has been paying more attention to technologies like blockchain and cryptocurrency. This year, it has already launched the Samsung Blockchain Wallet, allowing Bitcoin functionality on its devices, and integrated Pundi X’s XWallet app into their wallet, as well as 30 other cryptocurrencies.
In the meantime, it has also been reported that China’s Alibaba has filed a patent in the United States for its “Domain Name Management Scheme for Cross-Chain Interactions in Blockchain Systems”.
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