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

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

The Korea Customs Service has signed an agreement with Samsung (KS:) 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 platform designed to provide an integrated solution to businesses looking to reduce expenses while managing digital financial transactions and data exchange.

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