Samsung Unveils Blockchain Platform to ‘Enhance Competitiveness’ of Finance Businesses

South Korean electronics giant Samsung is launching its own blockchain platform Nexfinance for finance-related businesses, the company announced in a press release June 4.

Samsung SDS, the corporation’s IT arm, confirmed the platform would cater to digital finance businesses looking to transform their structures using cutting-edge technology.

Yoo Hong-jun, Vice President of finance business at Samsung SDS commented:

“Samsung SDS is planning to launch its digital finance business through…