Samsung Partners with Dutch Bank and Port to Pilot Blockchain Solution for Shipping Industry17.38

Samsung has announced a partnership with Dutch bank ABN AMRO and Rotterdam Port Authority to build a shipping and logistics business based on distributed ledger technology.

The South Korean technology giant will be responsible for linking its blockchain platform Nexledger to ABN AMRO’s distributed platform Corda, built with the major consortium R3. The pilot project will aim to simplify transactions with the Rotterdam port, including confirmation of receipt and payment, and real-time sharing of documents, says the announcement.

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