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Samsung SDS to unveil blockchain-based supply chain traceability system

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Shampa Mani reporter

Tue, 12 Mar 2019, 03:43 am UTC

Samsung SDS, an IT subsidiary of South Korean tech giant Samsung Group, has announced that it will unveil its blockchain-based supply chain traceability system at the ‘Cello Conference 2019’ to be held on March 14.

In a press release dated March 11, the company said that the supply chain tracking service allows consumers and ASK (All about seafood in Korea) Export Council, which consists of domestic seafood processing companies, to view processing history of the aquaculture-shipping-distribution of the marine products in a transparent manner.

“This service, which is provided in the form of Software as a Service (SaaS), was first commercialized in Korea for ASK Export Council after its service verification through a pilot project last year,” Samsung said.

In addition, Samsung SDS plans to introduce cases of logistics business automation with Brity Works, an Intelligent Process Automation (IPA) solution of Samsung SDS.

The company will also present a business model of Last Mile Delivery, which provides optimized logistics services through logistics network based on Cello platform.

“We will continue to pursue various logistics innovation through latest technologies such as Blockchain and AI, and will strengthen external business by heightening the competitiveness of smart logistics service,” said Hyung-Tae Kim, executive vice president, leader of logistics business unit of Samsung SDS.

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