Samsung and Tech Mahindra announce Blockchain collaboration

the Samsung SDS, the IT subsidiary of the electronics giant, Samsung, has been able to attract a new partner for the testing of the in-house Blockchain platform. The Indian IT services provider Tech Mahindra to test the "Nexledger" from Samsung SDS in the Indian and global market.

By Christopher clover
15. April 2019BTC$5.173,13 1.43%Facebook Twitter LinkedIn xing mail

The electronics manufacturer Samsung has announced a new prospective for the use of its own Distributed Ledger technology "Nexledger". Tech Mahindra from the Indian city of Pune would like to test the "Blockchain"-a platform for the Indian as well as in the world market. The two companies gave up on 14. April, in a press release known. In it Mahn Chey, the chief of Samsung SDS India:

is pleased to announce that We are proud of our joint efforts for the promotion of Nexledger in the global market with Tech Mahindra. As a company that believes in the value of the Blockchain technology, Samsung SDS is focusing its efforts on the development of a Blockchain-platform, Nexledger, which complies with the requirements of companies in the Business sector. Together with Tech Mahindra, we look forward to providing our customers with a block chain-based digital Transformation offering.

Rajesh Dhuddu of Tech Mahindra is hoping that the cooperation:

This partnership will expand our reach in the Korean, Indian and other APAC markets, and the joint bid through a combination of appropriate platforms, Tech Mahindra's system integration skills and innovation centers in India to maximize.

Blockchain vs. the "Blockchain"

Nexledger is a versatile, proprietary Blockchain-solution of Samsung SDS. In this type of "Enterprise Blockchain" is a Distributed Ledger technology (DLT); however, it has little to do with the Blockchain-technology, à la Bitcoin. Among the best known Enterprise Blockchain associations Hyper Ledger Fabric of IBM, as well as the Ethereum Enterprise Alliance (sea). The two largest Blockchain-consortia of the world are in a friendly relationship. The cooperation between EEA and Hyper Ledger Fabric was sealed in October 2018 formal.

Samsung SDS is in may of 2017 as the first South Korean company of Ethereum Enterprise Alliance. Recently, the parent company, Samsung has aroused in the Kryptoversum with the announcement of a Wallet function for the Galaxy S10 attention.

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