South Korean Technology company LG recently applied for the “ThinQ Wallet” trademark in the United States.
The company applied for the cryptocurrency wallet trademark with the United States Patent and Trademark Office on July 2nd, 2019.
Based on the filing documents, the trademark is for services concerning transactions and settlement services, mobile banking, payment application for software for mobile phones and “issuance of cyber money”.
LG currently uses its ThinQ trademark on a series of products including its latest LG G7 smartphone. This could mean that its next-generation ThinQ device will come with a wallet compatible with multiple digital assets such as Bitcoin, Ethereum and Ripple XRP tokens.
These upcoming devices wouldn’t be the first of its kind as rival Samsung recently released its Galaxy S10 smartphone which features a cryptocurrency wallet.
Cryptocurrency wallet on smartphones could become the norm in the coming years, similar to Bluetooth on now-a-day devices. HTC is also set to release a blockchain phone dubbed the EDODUS 1 which comes with a built-in hardware wallet.
Samsung was one of the first to release a smartphone with a crypto wallet, once Apple joins the race then we will be closest to full adoption.