The IT subsidiary of South Korean tech giant Samsung is launching three new products aimed at addressing clients worries about blockchain, the company confirmed in a press release on June 18.
Following
what it describes as trouble implementing the technology, Samsung SDS
said its new offerings will address core areas of concern among its
client base.
“When companies apply blockchain technology to their
business, they have concerns on Converging services across various
industries, connecting different blockchain technologies [...] easy
application and expansion of blockchain in timely manner,” the release
states. It adds:
“Samsung SDS proposes ‘3C’ solutions to solve such difficulties; Convergence, Connectivity, Cloud.”
The products themselves are a blockchain-based “Automatic Insurance Claim Service” for uniting the healthcare
and financial industries, a pilot scheme for linking the blockchain
platforms of two airports, and a cloud-based implementation of its
existing Nexledger platform.
The insurance tool should go live by
the end of August, Samsung SDS forecasts, while additional partnerships
to expand usage of its blockchain suite are also in progress.
“We
will expand our blockchain business with cloud-based Nexledger Universal
to support enterprise customers’ digital transformations,” Jeanie Hong,
senior vice president and leader of the Blockchain Center at Samsung
SDS commented.
Samsung had already formally pledged
to build on its blockchain presence this week. According to a report
citing vice president Jay V. Lee, the company is interested in
transferring to bleeding-edge tech, which includes 6G communications as
well as blockchain.
In South Korea more broadly, as Cointelegraph reported, enthusiasm around blockchain technology continues to build from sectors including banking.
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