Copy link
Increase text size
Decrease text size
Link copied

Samsung SDS launches next version of enterprise blockchain platform ‘Nexledger’

Source: Samsung SDS

Wed, 24 Apr 2019, 10:02 am UTC

Samsung SDS, an IT subsidiary of South Korean tech giant Samsung Group, has announced the launch of Nexledger Universal, the next version of its enterprise blockchain platform Nexledger.

First announced in 2017, Nexledger empowers organizations to take control of distributed transactions securely and conveniently. The platform has been implemented in various fields such as finance, manufacturing, logistics, and the public sector.

The latest version provides faster performance and has improved security functions by applying “white box cryptography technology.” It would enable customers to reduce the time and resources required for securing blockchain developers and verifying the technology.

According to the press release, Nexledger Universal provides standard application programming interface (API) that is commonly applicable to Samsung SDS NCA (Nexledger Consensus Algorithm) and general blockchains such as Hyperledger Fabric and Ethereum.

“Through this, customers can develop application services such as user authentication, payment settlement, and proof of originality using only one of three technologies and can easily apply to other technologies,” it added.

Nexledger Universal is available as platform as a service (PaaS) in the Microsoft’s Azure marketplace, allowing customers to experience it in cloud environment without the need for separate server and application installation.

“We plan to expand our cloud-based blockchain platform by registering Nexledger Universal on other cloud marketplaces,” said Jeanie Hong, senior vice president, leader of Blockchain Center of Samsung SDS.

Recently, Samsung SDS signed a business agreement with Indian IT giant Tech Mahindra to drive the global expansion of Nexledger.

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $8,450.43 (+0.55%)
  • Ethereum (ETH) $162.86 (-0.02%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $319.51 (-1.66%)
  • Bitcoin SV (BSV) $266.84 (+3.25%)
  • Bitcoin (BTC) $8,450.43 (+0.55%)
Jan 24, 2020 (Friday)
12:24
Ripple CEO Brad Garlinghouse hints at the possibility of IPO
11:51
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
11:50
Crypto Technicals: Major Cryptocurrency Daily Technical Outlook
11:37
Japan ruling party lawmakers to propose digital yen in February: Report
11:00
Hackers becoming more sophisticated as crypto exchanges bolster security measures: Chainalysis
10:24
Crypto Technicals: XRP/USD slips below 21-EMA, more weakness to follow
10:23
Tether launches new stablecoin backed by physical gold
09:49
Crypto exchange ErisX partners with Etale to offer new trading features
09:23
World Economic Forum launches blockchain-based supply chain traceability platform
08:17
Crypto Technicals: LTC/USD holds above 51 mark, finds strong support at daily cloud
07:36
Liechtenstein's Financial Market Authority approves ethereum-based real estate tokenized fund
06:57
Greece to extradite alleged BTC-e operator Alexander Vinnik to France after supreme court ruling
05:26
Agribusiness blockchain initiative Covantis selects ConsenSys as technology partner
04:44
Crypto exchange Binance invests in blockchain startup Numbers
04:24
Crypto Technicals: ETH/USD holds above 21-EMA and cloud support, further weakness on charts
04:23
Indian IT firm Mphasis to develop blockchain privacy-enhancing tech solutions with QEDIT
04:04
Crypto Technicals: BTC/USD extends weakness, eyes next major support at 110-EMA (8134)
Jan 23, 2020 (Thursday)
13:26
Amun lists inverse bitcoin ETP on SIX Swiss Exchange
12:32
World Economic Forum creates framework to help central banks design and deploy CBDC
11:52
Crypto Technicals: Major Cryptocurrency Support Resistance Levels
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft