This South Korean company joined forces with Samsung to forward requests to insurance companies using Blockchain technology.
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.
Last week, the Gemini crypto exchange unveiled their collaboration with Samsung, harnessing the outfit's wallet.2597
South Korean tech titan names Woong Ah-yoon as the head of their blockchain division.9263
Gemini has teamed up with Samsung, paving the way for mobile wallet interaction with the U.S.-based crypto exchange's app.4673
In the run-up to Theta’s mainnet 2.0 launch, some high-profile partnerships have fueled four-figure percentage gains for Theta’s tokens since March.15346
South Korean electronics corporation Samsung continues its commitment to crypto technology with its latest security chip.6031
Swipe Visa holders can now make payments with their crypto using Samsung Pay on their smartphone or smartwatch.10355
Two blockchain firms backed by Samsung and Sequoia Capital have launched a DLT consortium for the Middle East, African, and South East Asian regions.3912
Tron is extending its ecosystem partnership with Samsung Blockchain as a new section featuring some blockchain games will be offered on its mobile devices.12639
Cybersecurity Experts weigh in on the most secure phone models and 2FA schemes, warn against biometrics.5491
NH Bank rolls out first commercial use of a blockchain ID system developed by major South Korean firms like Samsung and LG Uplus.3895
Samsung confirms its commitment to cryptocurrency and blockchain technology with enhanced features in the flagship Galaxy S20 smartphone models.13274
Venture arms for Samsung and Salesforce invest in a second Series C funding round for blockchain startup Digital Asset.5132
San Francisco-based blockchain firm Alchemy announced the launch of its public API after raising $15 million in its Series A funding round.2328
Samsung SDS partnered with Israeli privacy-enhancing tech firm QEDIT to provide more privacy for its enterprise blockchain Nexledger.3059