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Tag Archives: Samsung

Crypto Wallet Ledger is Attracting Samsung and Google as Investors: Report

Leading hardware crypto wallet manufacturer and developer Ledger sold more than 1 million hardware wallets in 2017, recording a profit of $29 million. In an interview with Forbes, Ledger president Pascal Gauthier stated that the lack of secure platforms which users can utilize to sign transactions on the immutable public blockchain led the demand for Ledger and hardware wallets in ...

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Samsung Marries Blockchain, AI in Cello 3.0 Logistics Platform

South Korea electronics giant Samsung revealed a further blockchain implementation in an official announcement June 20, using the technology in a new logistics platform. The platform, dubbed Cello 3.0, is the brainchild of Samsung’s IT subsidiary Samsung SDS, which will use artificial intelligence (AI) and its “logistics knowhow” to deliver it, a press release states. “We will provide services to ...

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

Get exclusive fiat and cryptocurrency analysis on Hacked.com for just $39 per month. Click here now! 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 ...

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Samsung Unveils Blockchain Platform to ‘Enhance Competitiveness’ of Finance Businesses

South Korean electronics giant Samsung is launching its own blockchain platform Nexfinance for finance-related businesses, the company announced in a press release June 4. Samsung SDS, the corporation’s IT arm, confirmed the platform would cater to digital finance businesses looking to transform their structures using cutting-edge technology. Yoo Hong-jun, Vice President of finance business at Samsung SDS commented: “Samsung SDS ...

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Samsung SDS Launches Blockchain Financial Platform Nexfinance

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. 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 ...

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Samsung Reveals Record-Breaking Quarter Amid Crypto Mining Demand

Join our community of 10 000 traders on Hacked.com for just $39 per month. Earlier this year, Samsung expanded into mass producing ASIC chips for bitcoin mining, and the move is already paying off. Samsung had a blockbuster first quarter, as evidenced by the fourth straight quarter of record performance for operating income, the catalyst for which was demand for ...

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Samsung Electronics Co | Now Exploring Blockchain Technology

One of the world’s largest makers of semiconductors and smartphones is considering blockchain technology for their global supply network, Bloomberg reported this morning. Samsung SDS, Samsung’s IT subsidiary, is looking to the technology to cut costs. Song Skwang-woo, Samsung’s VP and blockchain chief, thinks that adding blockchain to its current systems could cut costs up to 20%. The South Koreans ...

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Samsung Eyes Blockchain Technology to Reduce Supply Chain Overhead Costs

Blockchain technology is making inroads in many different industries. Samsung, a global technology leader, is now keeping a close eye on this technology. The company plans to incorporate distributed ledgers to manage its global supply network. Samsung also shows a keen interest in manufacturing cryptocurrency mining equipment. The Impact of Blockchain Technology Cryptocurrencies have introduced the world to how blockchain ...

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Samsung Electronics Turns to Blockchain to Track Global Supply Chains

Join our community of 10 000 traders on Hacked.com for just $39 per month. 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 ...

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