Samsung SDS Introduces New Blockchain Platform

Blockchain, News | March 19, 2019 By:

Samsung SDS, the Internet technology solutions unit of Samsung Group, has introduced a new platform that connects Ethereum blockchain and Hyperledger Fabric.

Dubbed Deliver, the new blockchain platform was announced last week at an event for logistics companies, at Samsung’s Pangyo building in Gyeonggi Province. Deliver, jointly developed with the Port of Rotterdam Authority and ABN AMRO Bank, connects blockchain platforms of different kinds, such as Ethereum and Hyperledger, and supports document notarization, double payment prevention, and asset transfer functions by connecting different platforms.

“The Customs Clearance Blockchain System at the Korea Customs Service is based on Hyperledger Fabric, while Rotterdam Port in the Netherlands is using the Etherium Platform,” said Han Seung-yeop, a manager at Samsung SDS. “We started the Deliver project to connect different platforms.”

According to Samsung SDS, the Deliver platform is already being used and has successfully delivered information on containers which left Korea for the Netherlands to the Port of Rotterdam. Currently, the new platform is used for export clearance only but its application is expected to expand to various fields in the future. ABN AMRO Bank is also planning to use it in financial services.

Samsung SDS aims to advance the use of the platform by implementing similar projects with other European countries. It is also planning to support apps developed with various blockchain platforms, such as EOS, through technology development in the future.

“We will be able to connect other platforms such as EOS as well as the Ethereum platform through Deliver,” Han said. “Deliver will be the starting point of a trust society based on super-connected chains where different blockchains are interconnected on the Delivery platform.”