Samsung’s IT subsidiary, Samsung SDS, introduced new Nexledger blockchain and cloud computing platform which enterprises can use to create services

Briefing

Samsung's IT subsidiary, Samsung SDS, introduced new Nexledger blockchain and cloud computing platform which enterprises can use to create services

April 10, 2017

Briefing

  • Nexledger Blockchain Platform – Samsung’s IT subsidiary Samsung SDS launched Nexledger blockchain platform for businesses which can be used by companies to create blockchain-based services
  • Sample Service Nexsign – Biometric authentication service built on Nexledger platform that encrypts biometric data and records on blockchain, enabling users to access multiple financial services with single authentication
  • Samsung’s Blockchain Efforts – Started in 2015 by creating own distributed ledger division, and since then has invested in blockchain firms, including South Korean startup Blocko
  • Future Mobile Financial Service – Company expected to launch mobile financial concierge service in 2018 that uses artificial intelligence to analyze consumer buying patterns and recommend financial products

Accelerator

Sector

Financial Services, Information Technology

Organization

Samsung

Source

Original Publication Date

April 6, 2017

Leave a comment