On October 16, Samsung SDS announced it has partnered with Tech Mahindra and Pega to launch a blockchain traceability solution. The trio aims to integrate the Pega Platform with Samsung’s Nexledger Universal and increase the efficiency of a host of business processes.
The Pega Platform offers robotic process automation (RPA) to reduce back-office transactions by replacing manual labor with bots. Meanwhile, Nexledger Universal is an enterprise blockchain platform which is capable of leveraging customized features of Hyperledger Fabric and Ethereum. It also has its own Nexledger consensus technology.
The partnership is unique as both Pega and Nexledger are engaged in automating business processes to reduce time and cost. The main objective of integrating the two is to transform supply chains, create a reliable network and increase accountability. Tech Mahindra has worked with Samsung SDS and Pega before and will provide technical support for the development of the blockchain traceability solution.
“This collaboration with Tech Mahindra and Samsung SDS enables end-to-end intelligent automation powered with Blockchain to streamline processes and improve experiences for dealers and distributors, manufacturers, field service technicians, and customers,” said Steven P. Silver, vice president and industry market leader, manufacturing, Pegasystems.
Ted Kim, Vice President of Blockchain Team, Samsung SDS America said: “Partnering with Tech Mahindra for their industry and technology know how, and Pega for their adaptive and robust DPA solutions, Samsung Nexledger Universal has been able to address some as yet unresolved challenges inherent in operating in the global marketplace, especially around warranty, authenticity, recovery and customer satisfaction.”
Samsung SDS has been active in developing blockchain technology for various use cases as well as the underlying technology stack. Earlier this year, it launched Accelerator software for speeding up Hyperledger Fabric transactions by up to ten times.
One of the focus areas of Samsung SDS is blockchain interoperability. It is developing an ‘export customs logistics services’ for the Korean Customs Services. It is working to connect Korea’s Incheon Airport to with China’s Tianjin Airport, which has a blockchain initiative developed by OneConnect.
Another interoperability project of Samsung SDS is the partnership with ABN Amro and Port of Rotterdam on a blockchain trade initiative, DELIVER. A few months ago, the group completed a proof of concept (PoC) on the platform.