this is a major advance for cryptocurrency where giant electronics companies such as LG show support for cryptocurrency and even create their own cryptocurrency. That is, the awareness of the importance of financial technology will trigger corporate companies to take action before too late.
They are not supporting crypto but will used Blockchain Technology. Using this technology doesn't mean that you are fully going nuts and join the bandwagon. LG Electronics will be having its own private blockchain for logistics purposes because their business model is based everything on data. From Assembly -> Back-End -> Finished products involves a lot of information that Blockchain can be used and make their job much easier. Plus the money they can save using their technology and retiring their old and traditional legacy systems. But it doesn't mean that the price of crypto will skyrocketed just because big companies started adopting Blockchain.