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Samsung-Backed Blockchain Firm Launches in UAE After Securing $16M

Blocko, a South Korean blockchain provider, launched in the United Arab Emirates after securing $16 million in funding, the CoinTelegraph announced on October 3. Building full-scale enterprise blockchain solutions On Oct. 2, Middle Eastern business publication Arabian Business reported that Blocko has partnered with SEED Group, a member of the Private Office of Sheikh Saeed bin Ahmed […]

Samsung IT Subsidiary Releases New Version of Enterprise Blockchain Platform

Samsung SDS, the IT subsidiary of international technology giantSamsung Group, has released a new version of its enterprise blockchain platform dubbed Nexledger Universal, according to a press release on April 24. Nexledger Universal offers an application programing interface that can be applied to different blockchains like Ethereum, Hyperledger Fabric and the firm’s own Nexledger Consensus Algorithm. According to the […]

Squire Mining Discloses Next-Generation ASIC Chips Will Be Made by Samsung

This week the firm Squire Mining, a company that plans to offer next-generation 10nm ASIC chips, has revealed it is working with Samsung Electronics as its foundry partner, the Bitcoin.com reported. With help from Samsung’s foundry, Squire, and a company called Gaonchips, plan to complete its ASIC chip FPGA prototype by September 30, 2018. Squire […]

Korea Customs Service Partners with Samsung SDS to Build Blockchain Customs Platform

As the Cointelegraph reported, the Korea Customs Service has signed an agreement with Samsung SDS to deploy blockchain technology for its customs clearance system, according to a press release published September 14. Samsung SDS, the IT arm of electronics giant Samsung, will develop a blockchain-powered platform based on Nexledger, which will be used for export customs logistics services. Nexledger is a blockchain […]