Samsung SDS announced on November 26 that it will expand its blockchain business from industries to the public sector, representing its agreement with the Seoul Metropolitan Government.
The software solution development unit of Samsung will work on the Seoul Metropolitan Government’s project to create an information strategy plan based on blockchain technology.
Seoul intends to adopt blockchain technology to its administrative work within the city’s welfare, transportation affairs and by public safety 2022 to enhance transparency operations and raise convenience for citizens.
Samsung SDS’ blockchain technology and consulting capabilities will contribute to Seoul’s leap as a top-rate global city.
CEO, Samsung SDS
Last month, Samsung SDS also tested the application of the Nextledger to logistical systems by shipping companies, including Hyundai Marine Merchant.