Post
Topic
Board Bitcoin Discussion
Re: samsung is riding the blockchain train
by
ityandsyn
on 15/05/2018, 16:15:31 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

     I will say samsung were always support on blockchain technology, since before they are producing chips for bitcoin mining industry and now its a breakthrough project for their logistic team as monitoring all over the world, but honestly I can't imagine on how to relate or being usable this project for our cryptocurrency industry.