TagSamsung SDS

Samsung SDS, ABN AMRO to Link Blockchains in Europe’s Largest Shipping Port

Samsung SDS ABN AMRO

Samsung SDS, the IT subsidiary of Korean giant Samsung, is collaborating with Dutch ‘big three’ bank ABN AMRO for a logistics blockchain pilot tracking the shipment of a container from Korea to the Netherlands. In an announcement on Monday, Samsung SDS revealed details of a new partnership with the Netherlands bank for a joint blockchain pilot to track the multi-modal transport of a container...

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

Blockchain shipping

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 and curb...

'BankSign': Samsung Launches Blockchain Certification Platform for Korea's Banks

Samsung crypto mining

Samsung, under its IT arm Samsung SDS Co., has unveiled its blockchain based platform, BankSign, to allow people to make transactions at different banks more easily. The Korea Federation of Banks (KFB) launched BankSign in June as a way to allow domestic retail banks to strengthen their verification systems by digitizing both mobile and online banking. The platform allows customers to make...

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...

Samsung SDS Launches Blockchain Financial Platform Nexfinance

South Korea 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...

Samsung Electronics Turns to Blockchain to Track its Global Supply Chains

Samsung Blockchain crypto

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 shipments...

Samsung SDS Successfully Pilots Blockchain Tech for Korea’s Shipping Industry

Samsung SDS blockchain

A sweeping government-backed blockchain pilot application to record and track shipping logistics and documents related to import/exports has proven successful in South Korea. Samsung SDS, the IT subsidiary and technology provider of Samsung (Korea’s largest conglomerate), has successfully concluded a 7-month pilot of the application of blockchain technology to actual logistics locations in...

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