CoinAll partner Cosmochain Is Selected by Samsung as the First DApp Partner

Galaxy S10, which has been confirmed to provide various blockchain-based functions including cryptocurrency wallet, revealed its first dApp partner. On February 25th,Samsung Electronics presented COSMEE, a blockchain-based beauty social media platform, as its first dApp partner during its Samsung Mobile Business Summit session at MWC Barcelona 2019.

On this event, Samsung Electronics unveiled a list of blockchain projects it is cooperating with, aswell as its digital cryptocurrency wallet functions. On the list of cryptocurrencies that Galaxy S10 plans to support, South Korean projects Cosmochian and Enjin were included, along with the well-known Bitcoin and Ethereum.

Furthermore,Samsung Electronics disclosed its cooperation with “COSMEE”, a beauty content sharing dApp, serviced by Cosmochain. Among the four cryptocurrencies on Samsung’s list, COSMEE is the only dApp service.

Through Cosmochain’s official social media channel, CEO Howon Song commented that“Samsung Electronics’ blockchain team has long been looking for a widely-useddApp service, and so it was possible for COSMEE to be selected as a partner”.He also mentioned that both parties had numerous meetings in order to verifybusiness model and technology during the last six months.

COSMEE is widelyknown in Korea as a real use case of dApp service. COSMEE is a blockchain-basedbeauty content sharing dApp. When users upload beauty reviews within theapplication, they get rewarded with cryptocurrency “COSM” depending on theevaluation of other users. Cosmochain explains that a trustworthy reward systemcan be created, as all activities including reviews and evaluations can berecorded on blockchain. COSMEE successfully completed its three-month pilotservice which began last August, with 300,000 downloads and 70,000 accumulatedcosmetic reviews. COSMEE’s full version is set to launch during the first halfof this year.

Earlier on February 20th,Samsung Electronics first unveiled its flagship device Galaxy S10 at the Galaxy UNPACKED 2019 event in San Francisco, United States. On this day, Samsung Electronics had revealed “Galaxy Keystore”, which enables safe deposit of digitalasset, but did not disclose any details regarding specific cryptocurrencies or dApps it will support. On this issue, few media have commented that Samsungwill not develop its own dApp, but rather cooperate with certain dApp projects,as a means to become a comprehensive platform which can support variety of services.

COSM is currently listed on and can betraded in CoinAll, KuCoin, HitBTC, CoinBene, CPDAX, etc. As a deep partner and the biggest spot trading platform of COSM, CoinAll general manager Katherine Deng express congratulation to COSM that: COSM is an excellent blockchain startup in Korea and one of CoinAll's first listed projects. I believe that Cosmo chain will have a bright future. CoinAll will, together with OKEx, continue supporting global high-quality blockchain startups, to create a healthy ecosystem.