Samsung: Smartphones are the most reliable devices for making cryptocurrency transactions

According to the study carried out by the South Korean corporation Samsung, smartphones are the most reliable devices for making cryptographic transactions.

Joel Snyder, the Samsung Senior IT Consultant, has announced that the Trusted Execution Environment (TEE) in smartphones makes transactions safer, thanks to the isolation from the main storage of the device.

Even the operating systems – such as Android – cannot get access to TEE and change the information stored there.

Also, in the case of hacker attacks, hackers will not be able to crack the TEE and try to steal such data as the private keys of the cryptocurrency wallet, because the TEE is completely independent of the device.

“If you use the correct cryptocurrency Wallet in the smartphone with TEE, you can be sure that you will not find a safer place to store your cryptocurrency,” Joel Snyder pointed out.

At the same time, hackers have easier access to the laptops and pc which use hard drives and SSD to store data.

A few days ago, Samsung introduced its new Samsung Galaxy Note 9 smartphone, which is essentially the previous evolution of the Note 8 model with the upgrades presented in the Galaxy S9 and S9 + models in the spring. In the new Note 9 smartphone, Samsung is particularly concerned about the improvements to the S Pen stylus and rear camera, which now also includes artificial intelligence algorithms.