Post
Topic
Board Bitcoin Discussion
Re: samsung is riding the blockchain train
by
Glory90
on 15/05/2018, 14:55:52 UTC
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
Blockchain technology is growing, I believe sooner or later many big companies will adopt it because this technology can provide many benefits for them such as track every step of a shipment’s progress, transparency for customers and auditors, accounting and so on.
nowadays Samsung is consider to adopt Blockchain technology, I hope that happens and will inspire other companies to adopt it, especially adopting Blockchain technology from one of cryptocurrency  Cheesy