New accelerator tool is the latest offering from Samsung SDS and its Nexledger blockchain platform.
Samsung News
Samsung is a transnational conglomerate founded in 1938 and headquartered in Seoul, South Korea. Samsung is active in various industries. The largest part of Samsung is Samsung Electronics — one of the world’s biggest companies in terms of revenue — which specializes on IT, consumer electronics and chipmaking. Samsung is also present in the construction business, life insurance and marketing. Samsung SDS — the company’s IT provider — is actively working on improving business processes of Samsung with blockchain implementation. The most promising of them is blockchain for supply chain management. Samsung news is that it’s cashing in on cryptocurrency usage and mining. The relationship between Samsung and Bitcoin is mostly built on proof-of-work mining. As Samsung is one of the largest computer chip makers — which are used in PoW mining — the growing demand for them is a way for gathering huge profits.
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Images allegedly portraying the upcoming smartphone Samsung Galaxy S10 showing a “Samsung Blockchain Keystore” app have been leaked.
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Blockchain is “just one more tool” to achieve decentralized aims, says Ricardo J. Méndez.
- New Year Special
by Joseph Young
Major mining conglomerates in the crypto sector recorded large losses, struggling to deal with market conditions.
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Samsung has applied for a U.K. trademark for a cryptocurrency wallet, after denying rumors it would include a native wallet on the Galaxy S10 earlier this month...
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Samsung has refuted it plans to offer a crypto cold wallet on its Galaxy S10 smartphone.
- Analysis
by Joseph Young
Despite the breakeven cost of Bitcoin mining at nearly $8,000, the demand for mining is increasing.
- News
by Helen Partz
Dapper Labs, developer of popular blockchain app CryptoKitties, has received $15 million in another financing round.
- News
by Ana Berman
Port of Rotterdam partners with major Dutch bank and Samsung IT subsidiary to see how blockchain can improve shipping logistics from Asia to The Netherlands.
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by Helen Partz
Samsung has launched a new production process for its 7nm chips, making them more energy efficient, which could prove a boon for crypto miners.
- Analysis
by Joseph Young
The crypto market and blockchain sector in South Korea is thriving with the involvement of major banks and conglomerates.
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IBM has been awarded a new patent for the autonomous self-servicing of networked devices that use a blockchain protocol.
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A blockchain company is starting a mining pool and introducing an immersion cooling method which reduces levels of heat generation.
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Samsung has presented Cello 3.0, a new logistics platform which utilizes blockchain and artificial intelligence.
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Samsung’s IT arm Samsung SDS has confirmed the release of Nexfinance, a blockchain platform targeting finance businesses.
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