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Title: Samsung is considering using the blockchain to manage the supply network: it can Post by: chenshan319779 on April 17, 2018, 05:14:55 AM Samsung, the electronics giant, is considering building a blockchain to manage and track shipments of its vast network of global supply chains.
The world's largest chip maker and smartphone makers Samsung (Samsung Electronics) in the chain of support block technology, books are considering widely implemented block chain platform, in order to trace its global shipments. In an interview with Bloomberg, song guangyu, head of the block chain for samsung SDS, samsung's IT subsidiary, revealed that the blockchain system could cut transport costs by 20 per cent. It is worth noting that the executive also confirmed that SDS is committed to development blocks for samsung electronics chain platform, this makes the samsung as early as on such a scale seriously explore block chain technology applicability of one of the global manufacturers. SDS experience in logistics and shipping industry to implement block chain technology has been proved, and in December 2017, successfully completed a pilot project for seven months, used to record and track of South Korea's large shipping import and export shipping logistics. The report also said the SDS is expected to handle 488,000 tons of air cargo and 1 million 20-foot equivalent (TEU) units in 2018. These include samsung's flagship devices, such as the Galaxy S9 and the upcoming Note 9, and the OLED displays used by apple's iphone ex, as well as home electronics. In addition to tracking shipments, the blockchain platform can even reduce the time and efficiency between product release and end-user shipping. Title: Re: Samsung is considering using the blockchain to manage the supply network: it can Post by: tobeaj2mer01 on April 17, 2018, 08:12:29 AM Samsung is a big company, thanks for sharing.
Title: Re: Samsung is considering using the blockchain to manage the supply network: it can Post by: lositech on April 17, 2018, 08:22:00 AM Wow this is really a great news for crypto in general. It shows blockchain is going main stream.
Title: Re: Samsung is considering using the blockchain to manage the supply network: it can Post by: vallydelly on April 17, 2018, 08:25:35 AM I believe with this news other tech giants will follow suit. Overall it is good for crypto in general. More of the news.
Title: Re: Samsung is considering using the blockchain to manage the supply network: it can Post by: gawer33 on April 17, 2018, 03:36:54 PM does paraphrasing can be considered plagiarism?? next time to avoid such effort just copy and paste a little about the article then share the source it still legal if you do that. this is a Bloomberg article.
Title: Re: Samsung is considering using the blockchain to manage the supply network: it can Post by: Vikhy on August 14, 2018, 04:09:58 PM It would be interesting to see if Samsung would develop their own blockchain or use an already existing product.
Title: Re: Samsung is considering using the blockchain to manage the supply network: it can Post by: Diego_Davis on August 14, 2018, 04:44:13 PM Thanks for sharing. This is good news. I think that the more blockchain is applied in different industries the better. People will become more familiar with the concept. It will gradually become more mainstream. This will, in turn, make it easier for people to understand cryptocurrencies. I can understand that it'll help with logistics. I thought the last big was interesting:
Quote In addition to tracking shipments, the blockchain platform can even reduce the time and efficiency between product release and end-user shipping. It would be nice if they could elaborate a bit on how that would work. |