Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: samsung is riding the blockchain train
by
Direwolve735
on 17/04/2018, 09:11:31 UTC
⭐ Merited by Flodner (1)
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

I think this is great that crypto-currency and blockchain technology is introduced into the core business. Samsung plans to use the blockade to optimize the logistics of its electronics business. Looking at the example of this large world-famous company, other enterprises will also begin to introduce blockchain technology into their production. The world must see what opportunities blockchain opens up.