Samsung SDS has announced that it plans to build the first blockchain-based ‘export customs logistics services’ on its Nexledger platform. The Korea Customs Service (KCS) selected the company as its partner back in July 2018.
Also party to the agreement were 48 other relevant government offices and companies ranging from insurance to export-import public institutions.
While Samsung SDS will do the building and developing, the KCS will establish best-practice procedures and clearance and logistics services.
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