Samsung SDS signs agreement with Seoul Metropolitan Government to develop blockchain platform

nRunaway Comment: According to the Korea Herald, Samsung SDS, a subsidiary of South Korea’s electronics giants’ IT subsidiary, has signed an agreement with the Seoul Metropolitan Government to help it develop an “information strategy” plan to use blockchains to support the welfare of the capital by 2022, Public safety and traffic matters.n
nTranslation: Clovern
Samsung SDS, the Korean IT tycoon IT subsidiary, said it will build a blockchain-based platform for the public sector.n
According to the Korea Herald, Samsung SDS has signed an agreement with the Seoul Metropolitan Government to help develop its “information strategy” program – using blockchains to support the welfare, public safety and transportation of the capital by 2022.n
Hong Won-pyo, chief executive of Samsung SDS, said:n
n”Samsung’s blockchain technology and consulting capabilities will contribute to Seoul’s leap into one of the best cities in the world.”n
nThe report added that the municipality is trying to use blockchain technology to increase transparency and improve public conveniences.n
Just seven months after Samsung SDS released the announcement, Samsung launched its cloud-based enterprise-level alliance blockchain platform.n

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