Samsung Announces Nexledger Blockchain Platform

Samsung has created a cloud-based enterprise blockchain platform; details from its trademark registration also report that the system is permissioned and has been created to form a consortium of trusted participants; functions of the platform reportedly include smart contracts for financial services, a loyalty point program and authentication for financial services; Samsung has previously invested in blockchain-as-a service platform Blocko and is a member of the Hyperledger.  Source

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