samsung is riding the blockchain train - page 3.

jimrome

sr. member

Activity: 434

Merit: 250

Quote from: TianaStam on May 15, 2018, 10:19:49 AM

As someone said 'Blockchain is here to stay for long' and all the story with such giant as Samsung is just another prove for that.
Unfortunately the success of Blockchain has nothing with Bitcoin and it is pretty possible that one day Bitcoin will leave us one day.

For bitcoin to be more valuable they need to add smart contracts if possible, Samsung is using blockchain technology and there are more companies trying to implement these in their business, but we need to find a way to use bitcoin along with the blockchain to have a strong base, i am not even sure whether it is possible now, bitcoin is here to stay.

Mhd-Bobbi

member

Activity: 434

Merit: 13

I am very happy with the latest information from samsung products. they are very sophisticated. can generate current from samsung products. this is a very interesting discovery from the user

Etemind

member

Activity: 93

Merit: 10

There are many vompanies already realize the blockchain aoplication in the induatry. Not only samsung is utilizing this new technology but also LG electronics. Yesterday I read Cathay Pacific also will use blockchain technology on thier reward aystem.

Doge dealer

sr. member

Activity: 462

Merit: 252

this is very good news and also shows that the technology on which bitcoins is based is not only secure but has both reliability ,dependability and the technology is futuristic and technically sound.This is the technology that will dominate the new era.Samsung is one of the leading manufacturers in the technology sector and for them to be making this move, a move that would not have come if they had not done all their studies into this technology and seen all the attributes i alluded to earlier.

Stac

full member

Activity: 419

Merit: 100

Samsung and more companies are implementing the block chain technology to eliminate risk as the block chain technology is highly safe and secure as the transactions are transparent and no manipulation can take place in the block chain technology. Samsung is implementing block chain technology to keep track of the world wide shipment which is worth tens of thousands of million dollars yearly by using the block chain technology it could help to cut the cost of the shipment, the Samsung Group has brought a good initiative of implementing the block chain technology and this technology could improve the turnover of the company.

Jacsnuffles

jr. member

Activity: 211

Merit: 1

Little by little, businesses are getting involved in Bitcoin, cryptocurrency, and blockchain. Samsung is clever enough to go with the "trend". You're right. It is very beneficial not just for companies like Samsung but also for everyone.

soraxas01

newbie

Activity: 98

Merit: 0

It wouldn’t surprise me it is a good move for the market to use blockchain technology and not only that it would be good for those who use bitcoin and crypto so this move is a great asset to the company as well the users of bitcoins.

12tribes

member

Activity: 378

Merit: 11

Samsung indeed is a major player in the electronic industry and a force to reckon with in recent times. Their dominance in electronic gadgets still leads the other major players like Nokia and Iphone.
Their entering the market will indeed be a welcome development as their blockchain creation will make goods and service delivery faster, cheaper and easier. The online/offline chain will certainly offer a real time effect and patronage unprecendented.
Let's encourage them to be at it and do more.
Painfully the haters of bitcoin will not see or hear this..... just saying.

ityandsyn

member

Activity: 490

Merit: 11

Quote from: Jonsnowstark on April 16, 2018, 06:38:18 PM

Samsung will use the technology behind bitcoin to track their shipments and is said to be very helpful for their logistics team. Their logistics chair has recognized the technology of bitcoin as technological breakthrough and to quote "fuel for Digital transformation"

Indeed it would be beneficial because in the age where everything is automatic, not only fo we want our food and money on an instant, companies on the other hand want a clear way of seeing how their business is doing especially in a company like samsung. The supply of samsung is vast and scattered all.over the world. It is beneficia for them to track their stocks and shipment because it makes their business easy to handle.

Source: https://www.bloomberg.com/news/articles/2018-04-15/samsung-jumps-on-blockchain-bandwagon-to-manage-its-supply-chain

I will say samsung were always support on blockchain technology, since before they are producing chips for bitcoin mining industry and now its a breakthrough project for their logistic team as monitoring all over the world, but honestly I can't imagine on how to relate or being usable this project for our cryptocurrency industry.

etin06

member

Activity: 285

Merit: 11

quarkchain.io

Quote from: Jonsnowstark on April 16, 2018, 06:38:18 PM

Samsung will use the technology behind bitcoin to track their shipments and is said to be very helpful for their logistics team. Their logistics chair has recognized the technology of bitcoin as technological breakthrough and to quote "fuel for Digital transformation"

Indeed it would be beneficial because in the age where everything is automatic, not only fo we want our food and money on an instant, companies on the other hand want a clear way of seeing how their business is doing especially in a company like samsung. The supply of samsung is vast and scattered all.over the world. It is beneficia for them to track their stocks and shipment because it makes their business easy to handle.

Source: https://www.bloomberg.com/news/articles/2018-04-15/samsung-jumps-on-blockchain-bandwagon-to-manage-its-supply-chain

Very impressive the Blockchain technology is taking over the world it's unstoppable. Very soon I believe Samsung will start accepting crypto currency for the purchase of her products.

BrewMaster

legendary

Activity: 2114

Merit: 1293

There is trouble abrewing

Quote from: TianaStam on May 15, 2018, 10:19:49 AM

As someone said 'Blockchain is here to stay for long' and all the story with such giant as Samsung is just another prove for that.
Unfortunately the success of Blockchain has nothing with Bitcoin and it is pretty possible that one day Bitcoin will leave us one day.

surely it won't affect bitcoin directly but there is also an indirect effect. when there is all this talk about blockchain technology and as all these new companies start adopting it, people will start looking into it and the first thing they will always find is bitcoin since it is the start of all this. and eventually they will be educated about the technology and bitcoin, consequently they will choose the decentralized currency that started it all.

Innuend0

newbie

Activity: 28

Merit: 2

ok

Sinecoin

hero member

Activity: 742

Merit: 500

Quote from: Jonsnowstark on April 16, 2018, 06:38:18 PM

Samsung will use the technology behind bitcoin to track their shipments and is said to be very helpful for their logistics team. Their logistics chair has recognized the technology of bitcoin as technological breakthrough and to quote "fuel for Digital transformation"

Indeed it would be beneficial because in the age where everything is automatic, not only fo we want our food and money on an instant, companies on the other hand want a clear way of seeing how their business is doing especially in a company like samsung. The supply of samsung is vast and scattered all.over the world. It is beneficia for them to track their stocks and shipment because it makes their business easy to handle.

Source: https://www.bloomberg.com/news/articles/2018-04-15/samsung-jumps-on-blockchain-bandwagon-to-manage-its-supply-chain

It's definitely great that a lot of companies including Samsung are hoping on the blockchain bandwagon. The applications for blockchain are endless and i think it will become a the new standard in the upcoming years for the process of verification and the process of managing transaction data for any number of industries.

TianaStam

member

Activity: 218

Merit: 12

As someone said 'Blockchain is here to stay for long' and all the story with such giant as Samsung is just another prove for that.
Unfortunately the success of Blockchain has nothing with Bitcoin and it is pretty possible that one day Bitcoin will leave us one day.

Innuend0

newbie

Activity: 28

Merit: 2

yes

freesia_pnp888

newbie

Activity: 112

Merit: 0

they are good at software so im looking forward, really.

Glory90

full member

Activity: 392

Merit: 101

Quote from: Jonsnowstark on April 16, 2018, 06:38:18 PM

Samsung will use the technology behind bitcoin to track their shipments and is said to be very helpful for their logistics team. Their logistics chair has recognized the technology of bitcoin as technological breakthrough and to quote "fuel for Digital transformation"

Indeed it would be beneficial because in the age where everything is automatic, not only fo we want our food and money on an instant, companies on the other hand want a clear way of seeing how their business is doing especially in a company like samsung. The supply of samsung is vast and scattered all.over the world. It is beneficia for them to track their stocks and shipment because it makes their business easy to handle.

Source: https://www.bloomberg.com/news/articles/2018-04-15/samsung-jumps-on-blockchain-bandwagon-to-manage-its-supply-chain

Blockchain technology is growing, I believe sooner or later many big companies will adopt it because this technology can provide many benefits for them such as track every step of a shipment’s progress, transparency for customers and auditors, accounting and so on.
nowadays Samsung is consider to adopt Blockchain technology, I hope that happens and will inspire other companies to adopt it, especially adopting Blockchain technology from one of cryptocurrency Cheesy

Catch-22

member

Activity: 364

Merit: 16

https://crowdsale.network

Samsung do really now a great thing coming when they see one. They just recently went in manufacturing bitcoin mining chips. Now this. It’s good to have one of the biggest conglomerates on board the cryptocurrency industry.

Anies_Sandi

sr. member

Activity: 700

Merit: 252

Quote from: MostafaGamal on May 15, 2018, 07:40:38 AM

Good news, and I think it was expected, most companies are now going to use Blockchain technology and we will see more in the coming years

it is very good to use smartphone it is bitcoin search tool, because it is easier for us too, so I also agree that this is developed again even good, but I think not only samsung just used, because more banyk more smartphones that can be used, any brand. so with the development of the times then we must follow it.

Raidal

full member

Activity: 560

Merit: 100

Not only Samsung, I believe that other companies want his business to run clearly and quickly. I am sure if Samsung is successfully implement this blockchain technology so other big companies will adopt this technology as well. One day, I believe that blockchain technology can replace credit and debit card systems that can be accessed across countries. If it happens so it could be a great breakthrough this century.

Topic: samsung is riding the blockchain train - page 3. (Read 675 times)