Samsung SDS to Power World’s First Exports Customs Clearance Blockchain in Korea

The Korea Customs Service (KCS) has entered an agreement with Samsung SDS to implement the latter’s blockchain technology for an export customs clearance system. Samsung SDS, the IT subsidiary and technology provider of Korea’s largest conglomerate Samsung, will develop the world’s first blockchain-based export customs logistics service for the Korea Customs Service to enable efficiency … Continued

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Korean Banks to Use Samsung SDS Blockchain to Verify Customer IDs from July

A national banking group representing South Korea’s commercial banks will launch a customer ID verification powered by blockchain technology in July. The Korea Federation of Banks (KFB) will officially launch “BankSign”, a blockchain-based identity verification platform that will enable retail domestic banks to improve a decades-old verification system with digitization in both online and mobile

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Samsung SDS Launches Blockchain Financial Platform Nexfinance

Samsung SDS, the IT arm of electronics giant Samsung, has announced the launch of its latest blockchain platform dubbed Nexfinance for financial institutions. The new blockchain platform combines existing and new technologies including big data analytics, artificial intelligence (AI) and intelligence process automation to help companies in the financial sector in their digital transformation effort, … Continued

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Samsung Electronics Turns to Blockchain to Track its Global Supply Chains

Electronics manufacturing giant Samsung is considering a blockchain platform to manage and keep track of shipments of its vast global supply chain network. In a significant endorsement of blockchain technology, Samsung Electronics – the world’s biggest chipmaker and smartphones manufacturer – is considering a broad implementation of a blockchain ledger platform to track its global

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