Korea may be Ethereum largest Market -- because they USE it --- Samsung to use Blockchain in Shipping

in kr •  8 years ago 

And they are well educated in their schools for their largest manufactures like: Samsung, LG and Hyundai.

Article 

https://www.cryptocoinsnews.com/samsung-sds-puts-blockchain-use-koreas-shipping-industry/

Samsung to use Blockchain for Korea’s Shipping Industry -- it's ALL about applications

Samsung SDS, the IT subsidiary of electronics giant Samsung, will launch a blockchain pilot for Korea’s shipping logistics industry to track imports, exports and the location of cargo shipments in real-time over a blockchain ledger.

More

The South Korean Companies work with the Govt on Blockchain Projects

https://cointelegraph.com/news/south-korea-is-ready-to-test-blockchain-selects-insurance-company-for-pilot-experiments

Kyobo Life, very large insurance company in the country, was selected by the South Korean government as the major operator of a blockchain intitative. Kyobo is expected to facilitate tests and pilot experiments with the South Korean government’s Blockchain platform

Bitcoin as well....

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Currently, shipping companies and each land carrier have independent logistics systems that are often incompatible. In such a case, cargo management data needs to be reconfirmed and recorded every time the cargo is transferred to another sub-carrier, making the logistics process inefficient

thank you for sharing first hand knowledge...appreciate it !