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Samsung SDS


South Korea’s customs authority is looking to adopt Samsung’s blockchain tech as the backbone of a decentralized customs clearance system. Samsung SDS, the conglomerate’s IT arm, said on Friday that the Korea Customs Service has inked a memorandum of understanding (MoU) that will see Samsung’s Nexledger blockchain utilized for the new platform. Forty-eight domestic institutions, …

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Samsung SDS, a subsidiary of South Korea’s tech conglomerate, has developed a blockchain-based certification platform for South Korean banks, it announced Monday. Developed in collaboration with the Korea Federation of Banks, a new platform called BankSign is said to make interactions between different banks’ mobile systems seamless. Users can carry out transactions on different apps, …

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Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The metropolitan government of Seoul, South Korea’s capital, has chosen Samsung SDS to draw a roadmap to apply blockchain technology to the city’s entire administration to improve citizen convenience and administrative transparency. Samsung SDS, the IT subsidiary of Korean electronics giant Samsung, …

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