Samsung SDS announces next version of enterprise blockchain platform

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Samsung SDS has announced the launch of Nexledger Universal, the latest iteration of its enterprise blockchain platform.

Nexledger Universal offers standard application programming interface, which is often applicable to Samsung SDS NCA (Nexledger Consensus Algorithm) and general blockchain such as Ethereum and Hyperledger Fabric. The platform helps customers to develop application services like settlement, authentication, payment and proof of originality by making use of just one out of three technologies that can be easily applied to other technologies. The Nexledger Universal also offers quick performance when compared with the earlier version. It also features improved security functions with the application of white box cryptography technology.

Jeanie Hong, SVP, leader of Blockchain Center of Samsung SDS, said that the firm is planning to expand their cloud-based blockchain platform by registering Nexledger Universal on other cloud marketplaces.

According to a study from Gartner earlier this month, one out of three CIOs in Austria, Sweden and Germany (DACH) say that digital initiatives are their top business priority. The study found that out of the 118 DACH CIOs, more than half (51%) said insufficient IT business resources were their most significant barrier while their objectives. Forty-six percent said that their business culture blocked change, while 35% said insufficient depth and breadth in digital skills were slowing their organisation down.

Bettina Tratz-Ryan, Gartner research VP said: “Our survey results show that DACH CIOs take more ownership in digitising operations and efficiency, instead of focusing on business growth and revenue. This is due to the fact that CIOs in the DACH region often lack the resources to drive and enable true business transformation.” in hearing industry leaders discuss subjects like this and sharing their use-cases? Attend the co-located IoT Tech Expo, Blockchain Expo, AI & Big Data Expo and Cyber Security & Cloud Expo World Series with upcoming events in Silicon Valley, London and Amsterdam and explore the future of enterprise technology.

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