Post
Topic
Board Bitcoin Discussion
Re: samsung is riding the blockchain train
by
levvv
on 17/05/2018, 02:48:49 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

Last thing i heard from samsung was they are creating some ASIC chips for mining.
now i read your thread that samsung is using blockchain technology to tracking shipment.
looks like samsung want to optimize their products and service with cryptocurrency and blockchain.