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The Korea Herald
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THE INVESTOR
March 28, 2024

Samsung

Samsung SDS joins global alliance

  • PUBLISHED :May 23, 2017 - 10:16
  • UPDATED :May 23, 2017 - 10:16
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[THE INVESTOR] Samsung SDS, an IT arm of Samsung Group, said on May 23 it has joined a global alliance for blockchain technology.

Samsung SDS said it became a member of the Enterprise Ethereum Alliance that focuses on the development of blockchain solutions for businesses.

The alliance, which holds Microsoft, Intel and other top brands as members, concentrates on developing solutions based on the Ethereum technology, which is considered a key protocol for the blockchain.

Samsung SDS said the opportunity will allow the company to increase technology competitiveness, as well as find new business ties with global partners.

By Alex Lee and newswires (alexlee@heraldcorp.com)

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