Samsung SDS, the IT subsidiary of international technology giant Samsung 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. Jeanie Hong, senior vice president, leader of Blockchain Center at Samsung SDS said:
“We plan to expand our cloud-based blockchain platform by registering Nexledger Universal on other cloud marketplaces.”
In March, the president and CEO of Samsung SDS Hong Yuan Zhen said that blockchain can improve productivity in the manufacturing industry. He stated, “In the whole process of supply chain management, communication is very important, data needs to be collected, and through blockchain and AI, we can improve processes and enhance trust so that we can share information better, so a healthy process is established.”