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Samsung Pay Introduces Support For Digital COVID-19 Vaccination Cards

The feature is currently available only in the United States.

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samsung pay introduces support for digital covid-19 vaccination cards

In 2021, digital COVID-19 vaccination cards have become reality for many people around the world who decided to take the vaccine in order to better protect themselves and their loved ones from the deadly infectious disease that brought the world to a stand still last year.

Now Samsung, in partnership with The Commons Project Foundation, a non-profit public trust established to build and operate digital platforms and services for the common good, has announced that Samsung Pay users can use the mobile payment and digital wallet service to store digital versions of their COVID-19 vaccination cards.

“As more and more consumers use their Samsung devices as a digital wallet, it is a natural extension to make Covid-19 vaccination records more easily accessible,” explains Rob White, Sr. Director of Product for Samsung Pay at Samsung Electronics America, in the official announcement. “We are proud to partner with The Commons Project Foundation on this important initiative and to help make life easier” he added.

samsung pay digital covid-19 vaccination card

Here’s what you need to do to add your own COVID-19 vaccination card to Samsung Pay:

  1. Open the Google Play Store app and download the CommonHealth app to your device.
  2. Follow the instructions provided by the CommonHealth app to access your COVID-19 vaccine information.
  3. You can then tap the Add to Samsung Pay link to transfer your COVID-19 vaccine information to Samsung Pay.
  4. Launch the Samsung Pay app and tap the COVID-19 Vaccine Pass on the homepage.

At the moment, this handy feature is available only in the United States, and we have no information on global availability.

Also Read: Mastercard Plans To Say Goodbye To Magnetic Stripes In 2024

Of course, Samsung can’t force any business, educational institution, or other places to actually accept digital vaccination cards stored in Samsung Pay, but we predict that the willingness to accept this form of COVID-19 certification will only increase as more similar solutions become available.

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Binance Receives Virtual Assets License To Operate In Dubai

As its user base nears 200 million, CEO Richard Teng believes crypto adoption will soar over the next half of the decade.

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binance receives virtual assets license to operate in dubai

Global crypto exchange Binance has been granted a full operational license in Dubai, in a move that’s expected to accelerate digital asset adoption and strengthen the UAE’s regulatory landscape.

The virtual asset service provider license (VASP) was granted by the Dubai Virtual Assets Regulatory Authority (VARA) and will allow Binance to extend its current range of services to retail investors, the company announced yesterday.

The move by Dubai authorities will be critical to Binance’s strategy of growing its user base globally. The crypto exchange expects to pass the 200 million user mark “quite shortly”, according to Richard Teng, the company’s CEO.

Once that milestone is achieved, Binance will have around twice as many users as rival platform Coinbase. Meanwhile, Crypto.com, another popular exchange with 80 million users, received a Dubai VASP license last week.

“We’re seeing much greater institutional adoption and institutional money coming into this space [along with] much greater regulatory clarity and a lot more jurisdictions approving [digital asset] products that bring in new investor classes,” Binance’s Richard Tang explained, adding: “As of now, we stand at about 5% crypto adoption globally, but that will become much faster moving forward”.

Also Read: Microsoft Invests $1.5 Billion In Abu Dhabi AI Tech Firm G42

Dubai and the UAE are extremely supportive of technologies like digital assets, and have already launched initiatives to boost adoption. The UAE has ambitious plans to become a world leader in the crypto economy of the future, with Dubai in particular being noteworthy for passing a new law to regulate virtual assets to support investors and exchanges.

“Global crypto regulation is currently showing diverging signs. Some developed countries have long suffered from crypto-related frauds and illegal exchanges. On the other hand, emerging nations like the UAE and Singapore have enacted crypto laws at faced pace,” said Vijay Valecha, chief investment officer of Dubai-based Century Financial.

As the UAE gears up to become one of the fastest-growing crypto capitals worldwide, investors and talent are flocking to places like Dubai. During 2023, the Emirates as a whole realized $204 million in capital gains from cryptocurrency investments, according to blockchain data analysts Chainalysis.

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