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Topic: samsung is riding the blockchain train - page 5. (Read 675 times)

member
Activity: 494
Merit: 10
April 17, 2018, 01:48:41 AM
#12
This is great news for the blockchain industry.  Obviously Samsung is a huge company and hopefully more companies will join the party.  I think if you are a big company and not at least have a reasearch team looking into on the blockchain technology, you will be looked at as not forward thinking. 
newbie
Activity: 224
Merit: 0
April 17, 2018, 01:42:04 AM
#11
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 believe this will be a good news for the cryptos as blockchain is the medium crypto is using and a prestigeous brand like samsung go into blockchain deifinitely will make more people aware of how the crypto works and their advantageous. Direct or indirect impact will definitely be shown in the near future.   
member
Activity: 156
Merit: 10
April 17, 2018, 01:39:41 AM
#10
If Samsung is riding the blockchain train than this mean that bitcoin's technology is success and this will prove to that bitcoin is good for the technology world.
hero member
Activity: 2660
Merit: 551
April 17, 2018, 01:37:45 AM
#9
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 don't think that we can call it riding. Blockchain is really useful specially protecting your company's data. And we all know that data is a very big assets and its like the backbone of all businesses around it.

So its logical for a company as big as Samsung to really take advantage of this technology. This is really one advantage of blockchain, data protection and can be share very quick if someone needs it in a hurry to make big business decisions. So I'm not surprise at all with this move coming from Samsung.
newbie
Activity: 167
Merit: 0
April 17, 2018, 12:39:52 AM
#8
It is true that Blockchain technology is very helpful and profitable for business people to help simplify their business transactions.
member
Activity: 336
Merit: 14
April 16, 2018, 11:36:20 PM
#7
Samsung wouldn’t be one of the biggest conglomerates in the world if the people running it aren’t smart. They know a good thing when they see one.
full member
Activity: 490
Merit: 100
April 16, 2018, 11:05:10 PM
#6
Maybe this will have a positive impact on bitcoin because big companies and have a worldwide market have adopted bitcoin technology may bitcoin price will also be psoitive in the future.
Thank you
member
Activity: 518
Merit: 11
April 16, 2018, 10:52:35 PM
#5
good information, samsung always has good innovations in the technology world, and now samsung wants to control open source blockchain transactions.

I think Samsung will be a partner that supports the blockchain system, and even Samsung should create more platforms that support the blockchain system, because will be a lot of world demand.
member
Activity: 392
Merit: 11
April 16, 2018, 09:16:53 PM
#4
Yes, Samsung and even NASA is planning to utilize blockchain technology for their work! I think this will have positive impact for cryptocurrencies in general. In directly this will help Bitcoin price to Moon ( fingers crossed!!!)  Anyways blockchain as a technology is extremely valuable and more and more industries and sectors will utilized it in the coming years.
legendary
Activity: 2576
Merit: 2880
Catalog Websites
April 16, 2018, 08:49:24 PM
#3
Sooner or later all the big players will join the blockchain, refusing to do it would be losing market, staying in the past. I think Japanese and Korean brands will be the first ones to join the blockchain, western companies will arrive later.
full member
Activity: 854
Merit: 100
April 16, 2018, 07:02:18 PM
#2
A big market player like Samsung joining the Blockchain users is going to be great considering the influence it (Samsung) will have on Blockchain. I am very positive other big firms will join the blockchain very soon after realizing its benefits.
full member
Activity: 364
Merit: 101
April 16, 2018, 06:38:18 PM
#1
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
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