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Samsung Is Planning to Implement Blockchain Technology for Logistics Purposes

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Samsung Is Planning to Implement Blockchain Technology for Logistics Purposes

Post by Vladdirescu on Wed Apr 18, 2018 3:59 am

Famous South Korean giant Samsung Electronics Co. is considering the implementation of blockchain tech in order to supervise the company’s supply channels around the world. The Asian manufacturer could become one of the first to deploy the financial technology behind cryptocurrencies.

According to reports, Song Kwang Woo, the chief of blockchain at Samsung SDS, stated that the group’s logistical and information and technology arm, Samsung Electronics is looking at a blockchain ledger system that will enable it to keep track of global shipments worth tens of billions of dollars annually.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/samsung-to-implement-blockchain-technology/


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