Indian IT Giant Tech Mahindra will use Samsung Nexledger Blockchain

in #blockchain5 years ago

According to this agreement, the two companies will look for more business opportunities in the region. The SDS Korean Tech Behemoth's System Integration Arm of Samsung is reportedly planning to expand its use of the Nexledger Blockchain platform in India, the United States and Europe. As told by The Korea Times on Sunday 14th April. This Indian IT giant Tech Mahindra and Samsung SDS have partnered with each other in an effort to enter the foreign blockchain market. This agreement states that Nexledger is a Blockchain Security Platform launched in 2017.

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To further develop Nexledger updates, Samsung SDS will cooperate with Tech Mahindra. For example, the Korea Customs Service implicated the solution in its export customs logistics services. It has been deployed in finance, manufacturing, logistics and other fields. This Samsung SDS has recently announced that it will launch its blockchain accelerator technology. It has forty-eight different organizations, including public agencies, shipping and insurance companies, and also involved in its testing. This reportedly improves the processing speed of transaction transactions.

This Nexledger Accelerator has done a successful test with Hyperledger Fabric. Its employees enable them to befriend new technologies such as Blockchain, AI and this is Internet of Things and cyber security. It was specifically told in March that the parent company Mahindra trained 70%. IBM is investigating the use of Blockchain to track parts according to the company and it improves auto-recall. Apart from this, Mahindra had previously employed IBM blockchain technology to make a solution for the exemption of invoices between its auto division and suppliers.

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