Samsung eyes enhancing finance competition with blockchain
Nexfinance uses the blockchain to help protect customer information, while the concierge employs AI and data analytics to manage client assets.
Nexfinance uses the blockchain to help protect customer information, while the concierge employs AI and data analytics to manage client assets.
Electronics giant Samsung reported an impressive first quarter performance for 2018 with revenues and profits in record territory for the fourth straight quarter, thanks to the demand for semiconductors used in cryptocurrency mining.
The South Korean tech giant is reportedly working on transitioning to a blockchain-based system to manage their global supply chain.
Samsung's move to create and sustain its own foundry dedicated to cryptocurrency mining is "unprecedented," an analyst said.
The project will cover welfare, public safety, and transportation by 2022.