Samsung SDS To Develop Blockchain Customs System

Announcements, Blockchain, News | September 14, 2018 By:

Samsung SDS, the Internet technology solutions unit of Samsung Group, is teaming upp with the Korea Customs Service (KCS) to build “the world’s first blockchain-based export customs clearance system.”

In July of this year, KSC selected Samsung SDS to establish the advanced export customs clearance system as part of efforts to adopt cutting-edge technologies for its customs administration in response to growing trade and e-commerce volume.