Samsung Electronics Turns to Blockchain for Its Global Supply Chain

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Electronics giant Samsung plans to use blockchains for its Global Supply Chain, according to a Bloomberg report on April 16, 16th.

Science Qualung-Lu, Vice President and Head of Blockchain, Samsung SDS said that the company's IT subsidiary wants to reduce costs by 20% using this technology.

If the technology is accepted, then this step will be added to the Nexlaser Transaction Management tool along with the block's interaction of SSS, which started last year.

"This will be an important transformation of the production supply supply to the industry," said the publication of the song.

"Blockchain is a very important platform for driving our digital transformation," added the song

According to Company's plan, the entire global supply network of Samsung has to be transferred to Blockchain. 2018 volumes contain 488,000 tonnes of air cargo and more than one million container containers.

Global supply chains are volumes that are available from virtual Samsung devices such as the Galaxy S9, home electronics devices that are used by Apple's iPhone on OLED displays.

Electronic giant decided to split in crypto mining spaces, decided to take part in the collaboration of Bitman, Bitman, Bitman and other mining cryptocoheration mines, with the production of aluminum note maker Bitman and Hull Mining Corporation.

Samsung Blumberg's news service will never say when it will finally decide to set up a blockchain across its global supply chain.

In November 2017, the South Korean capital, Seoul Metropolitan Government, acted as a means to increase transparency and increase citizen advantage for the Seoul Administration to create a Blocken platform for the Seoul Administration with suspended security.

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