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Author Topic: samsung is riding the blockchain train  (Read 358 times)
babarian
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July 09, 2018, 12:20:41 PM
 #81

Samsung will use the technology behind bitcoin to track their shipments and is said to be very helpful for their logistics team. Their logistics chair has recognized the technology of bitcoin as technological breakthrough and to quote "fuel for Digital transformation"

Indeed it would be beneficial because in the age where everything is automatic, not only fo we want our food and money on an instant, companies on the other hand want a clear way of seeing how their business is doing especially in a company like samsung. The supply of samsung is vast and scattered all.over the world. It is beneficia for them to track their stocks and shipment because it makes their business easy to handle.


Source: https://www.bloomberg.com/news/articles/2018-04-15/samsung-jumps-on-blockchain-bandwagon-to-manage-its-supply-chain

big companies like SAMSUNG have an openness to accept new technologies that can simplify their work



the people behind the samsung companies have been able to implement bitcoin technology for their work to make it faster and better in delivery

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July 09, 2018, 12:23:25 PM
 #82

Samsung will use the technology behind bitcoin to track their shipments and is said to be very helpful for their logistics team. Their logistics chair has recognized the technology of bitcoin as technological breakthrough and to quote "fuel for Digital transformation"

Indeed it would be beneficial because in the age where everything is automatic, not only fo we want our food and money on an instant, companies on the other hand want a clear way of seeing how their business is doing especially in a company like samsung. The supply of samsung is vast and scattered all.over the world. It is beneficia for them to track their stocks and shipment because it makes their business easy to handle.


Source: https://www.bloomberg.com/news/articles/2018-04-15/samsung-jumps-on-blockchain-bandwagon-to-manage-its-supply-chain


Over time, such examples of the use of blockchein technology will be more and more. It's very good news that a campaign like Samsung uses this technology.

mathew232
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July 09, 2018, 12:26:23 PM
 #83

wow samsung rides on blockchain
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July 09, 2018, 12:29:28 PM
 #84

Everyone (mostly all) will hop in blockchain movement.
as this is the most safe and fastest to have in every business.
Samsung will not go alone, there are many will follow.

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July 11, 2018, 04:24:30 AM
 #85

That is good news, if apple and other companies together this is an interesting fight
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July 11, 2018, 04:44:05 AM
 #86

This kind of move by tech giants will open up gates for crypto and the blockchain technology. This will allow optimization and innovation for a more advanced technology we are seeing as of today.

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July 11, 2018, 04:54:50 AM
 #87



If this samsung news about blockchain doesn't convince big companies about how interesting and revolutionary the blockchain technology, i don't know what would. the adoption isn't really as fast as we thought so we'll have to live how all these baby steps are expanding to be a huge leap towards massive adoption.
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July 11, 2018, 05:05:55 AM
 #88

Well, that's good for Samsung, now I expect for other major companies to follow suit.
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July 16, 2018, 08:50:37 AM
 #89

I do not think we can call it riding. So it's reasonable for a big company like Samsung to really take advantage of this technology.
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July 16, 2018, 09:26:17 AM
 #90

Samsung must be see big opportunity in cryptocurrency market. When peoples knowing about bitcoin or crypto, demand on mining equipment will rising and samsung see that opportunity. Samsung want make opportunity become profits because market cap in crypto always growing

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July 16, 2018, 10:54:39 AM
 #91

Great news for everybody since samsung is a big player this will surely influence other big companies in the world to do the same.
bitcoinman93
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July 16, 2018, 11:04:19 AM
 #92

wow samsung rides on blockchain

not exactly, they're implementing it in some of their processes, it's not like the whole company is based on blockchain. But it's a good and positive start with positive impact on the industry
elygil2022
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July 16, 2018, 04:42:19 PM
 #93

Samsung doesn’t want to be left behind. It’s a no brainer of a decision for their Board of Directors. Expect the other technology giants to follow suit.

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