Samsung to Launch Online Logistics Platform

As reported, the technology of the distributed ledger makes it possible to track the location of cargo using a mobile application in real time.
21 June 2018   728

Samsung SDS, the IT division of the South Korean technological giant, announced the launch of the Cello Square 3.0 logistics block-platform based on artificial intelligence. This is reported by BusinessKorea.

According to the release, the technology of the distributed ledger makes it possible to track the location of cargo using a mobile application in real time.

To avoid fake and fraud, with the help of a blockchain and Near field communication, the buyer will be able to obtain information about the origin of the cargo, the producer country, the name of the importing companies and exporters.

The service will also save time and cost of delivery by automatically calculating the shortest and least expensive routes.

The exact date of launch of the project is still unknown. Head of Logistics at Samsung SDS Kim Hyun-tae said that Cello Square 3.0 will become "the best service for players in the global e-commerce market".

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   82

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.
 

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.