Samsung is developing its own Ethereum-based blockchain

South Korean giant Samsung is working on creating its own Ethereum-based blockchain network and may be planning to issue its own token, according to CoinDesk’s source. Samsung’s blockchain team is said to be developing “a blockchain mainnet based on Ethereum.”

“Currently, we are thinking of private blockchain, though it is not yet confirmed. It could also be public blockchain in the future, but I think it will be hybrid—that is, a combination of public and private blockchains.”

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