Samsung SDS and Tech Mahindra will collaborate to expand the South Korean company's Nexledger platform, the companies have announced. The Indian IT consulting firm will offer the blockchain platform to its local market, it said. It will also take part in developing the Nexledger platform going forward. The two companies also have plans to commercialise various proof-of-concept versions of the Nexledger platform for it to be available in different industries and markets, they said. Samsung SDS commercialised Nexledger back in 2017 for enterprise use, but has largely only gained exposure in the US market so far.
Australia's Digital Transformation Agency (DTA) has formed a view on blockchain following the agency receiving AU$700,000 in May to take a look into it. You can read this executive guide as a PDF (free registration required). "Blockchain is an interesting technology that would well worth being observed but without standardisation and a lot of work to come -- for every use of blockchain you would consider today, there is a better technology -- alternate databases, secure connections, standardised API engagement," Digital Transformation Agency chief digital officer Peter Alexander told Senate Estimates on Tuesday. Alexander pointed out that although blockchain can be used in low trust environments, the government wants to have trusted relationships and know who it is interacting with. In Tuesdays' hearing, the DTA said it is working with a number of agencies that are examining blockchain's use: The Department of Home Affairs is looking into applications in freight monitoring and using smart contracts for duties and tariffs; parts of Treasury including the ATO and ASIC are looking at its use in settlements and payments; and IP Australia is conducting a trial into using blockchain to handle food providence.
Samsung SDS and ABN AMRO will collaborate on a trial project that applies blockchain to shipping logistics, the companies have announced. The South Korean IT services firm and Netherlands bank will connect their blockchain platforms Nexledger and Corda, respectively, with the project expected to be completed in February next year. The collaboration aims to apply blockchain into goods departing from Asia that arrive in the port of Rotterdam. The goal is to reduce transaction times for imports and exports, share related documents, and prevent fraud. Samsung SDS and ABN AMRO will later expand the routes it applies to, and will aim to connect with other companies' blockchain platforms.
On SundaThe Port Authority of the Bay of Algeciras (APBA) signed an agreement whereby it will collaborate with IBM on its Tradelens shipping platform, Europa News reported on January 21. Tradelens is a digital platform based on block blocking technology developed by IBM and internationally. Algeciras is one of the 10 ports with the highest traffic in Europe, with more than 70 million tons of cargo traffic per year. In 2017, the port had a container yield of 4.3 million containers. According to an APBA note seen by Europa News, the platform will allow APBA to exchange information and documentation between partners within a supply chain in a more secure and efficient manner.