Seoul Government selects Samsung for blockchain-based platform

Tuesday 28 November 2017 00:27 CET | News

Seoul Government has chosen Samsung SDS, an IT subsidiary of the large South Korean electronics company, to establish a blockchain-based platform for the public sector.

Samsung SDS has signed a deal with the Seoul Metropolitan Government to help develop its “information strategy” plan, using blockchain to support administration across welfare, public safety and transportation affairs in the capital by 2022.

The citys government is seeking to enhance transparency and improve convenience for the public using blockchain technology. According to CoinDesk, this announcement follows seven months after Samsung unveiled Nexledger – an enterprise-grade blockchain platform hosted in the cloud – that targeted consortia blockchain efforts.

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Keywords: Samsung SDS, blockchain, cryptocurrency, South Korea, Nexledger, blockchain platform
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: World
This article is part of category

Blockchain & Cryptocurrencies