Blockchain

Fast, secure, scalable and optimized for your business

Meet the game-changing technology driving digital transformation

Blockchain is an innovative technology powered by cryptography that keeps track of every transaction within a business network for full end-to-end transparency. Chains of data blocks are shared with participants throughout the network in real-time, guaranteeing data integrity without third party verification. Samsung SDS’s blockchain technology can be integrated with AI and IoT to uncover new business opportunities across industries including finance, logistics, manufacturing and government.

Trends

Need to introduce a blockchain optimized for business that supports performance and scalability

Is your blockchain solution optimized for enterprise?
Adopting an effective blockchain solution optimized for enterprise is now more important than ever. Getting the right high-performance blockchain that meets all the requirements for easy enterprise application including connectivity, security and scalability gives you the ease of mind to focus all your efforts on maximizing customer value.
Have you found the right blockchain platform for your business?
Businesses find it challenging to implement blockchain because it encompasses complex mechanisms and a multitude of technologies. From performance and scalability to monitoring, many factors need to be considered before applying blockchain to your business.
Can you keep up with blockchain’s pace of innovation?
Blockchain presents a new paradigm for value transfer and data management. By innovating core systems and uncovering new business models, this innovative technology is quickly driving broader adoption.

Major Services

Samsung SDS’s blockchain platform, Nexledger

Patent in blockchain 74 cases (As of Dec. 2022)
Global top 50 companies in blockchain Selected 5 years in a row (Forbes, 2019-2023)

Fast Transaction
Ensure fast transaction speeds with Nexledger's consensus algorithm. Enjoy further performance enhancements with our proprietary solution, Nexledger Accelerator.
Interoperability
Choose between Nexledger Consensus Algorithm, Hyperledger Fabric and Ethereum as consensus algorithms. Flexibly deploy blockchain services using standard API.
Security
Enjoy even stronger security with stringent node and key management, data encryption and personal information protection technology.
Cloud Service
Easily deploy and scale up our cloud-based platform, Nexledger. If you are considering blockchain development, experience Nexledger in various cloud service.

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Video

Nexledger innovates all businesses

Nexledger is a blockchain platform for enterprises that can be used not only in finance, but also in other industries such as logistics, manufacturing, and distribution, using blockchain technology that is emerging as the core technology of the digital transformation. Meet it now.

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Case Studies

Bank B

Establishing loan platform for policy funds based on blockchain at Bank

Thanks to Nexledger, it is now able to introduce the loan platform that simplifies customers’ loan processes and complicated corporate processes to check out the loan applications and enhances the accuracy in transactions and service ledgers.

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Global Manufacturer

Blockchain-based Global e-Contract System Saves KRW 450 million yearly

Global Manufacturer Company S has applied Nexledger, blockchain for companies, to established Nexledger-based global e-contract system. The application prevents risks of forge and falsification regarding contract and contract history and strengthens reliability in transaction.

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Credit Card Company S

Internalizing e-document verification on blockchain

Nexledger helps internalize the original e-document verification function, which secures stability in operation. Compared to the cost when using the external authorized e-document center, KRW 290 million is saved yearly.

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PEGA

Blockchain-based automotive warranty management

From manufacturing stage to warranty support, trust can be achieved by transparently managing the records of every car parts using blockchain technology.

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Analyst Reports

(2019-2023)

in Forbes Blockchain 50 2022, Forbes

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in Brand Finance IT Services 25, 2020

in Brand Finance IT Services 25, 2020, Brand Finance

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in a pragmatic Road map for Blockchain, Forrester

A Pragmatic Road Map for Blockchain, 2019, Forrester

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Samsung SDS’s experiences from consulting to operating the entire blockchain system will prove invaluable once more organizations realize the technology’s potential

Analyst Simon Piff, IDC

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in Hype Cycle for Blockchain Business, 2018

in Hype Cycle for Blockchain Business, 2018, Gartner

Disclaimer*
in Market Guide for Blockchain Platforms, 2018

in Market Guide for Blockchain Platforms, 2018, Gartner

Disclaimer*
in Market Trends: How Blockchain Impacts Different Vertical Industries, 2018

in Market Trends: How Blockchain Impacts Different Vertical Industries, 2018, Gartner

Disclaimer*
in Vendor Landscape: Blockchain Technology Provider in Asia Pacific, 2017

in Vendor Landscape: Blockchain Technology Provider in Asia Pacific, 2017, Forrester

Note*

Related Offerings

Nexledger

Enterprise Blockchain Platform

Nexledger Token

Blockchain-based token ledger service

Nexledger Paperless

Blockchain-based timestamping and
proof of authenticity service

Let’s talk

Whether you’re looking for a specific business solution or just need some questions answered, we’re here to help

- This independently researched report presents how Blockchain builds distributed trust to enhance digital ecosystems, along with a technical architecture of Blockchain platforms.

- Forrester included Samsung SDS Nexledger in a list of business cases to show how Blockchain adds value across industries worldwide.

- In its report, Forrester notes: “Samsung SDS Nexledger not only has its own consensus mechanism, but it also supports Ethereum and Hyperledger Fabric”

A Pragmatic Road Map for Blockchain, 2019, Forrester, Learn More

FIGURE 2 Business Cases Worldwide Are Proving The Value Of Blockchain Across Industries

FIGURE 2 Business Cases Worldwide Are Proving The Value Of Blockchain Across Industries
Vendor	Customer	Business Pattern	Key business case scenario	Business case overview
Samsung SDS	Korea Federation of Banks (banking)	Effectiveness	Business process transformation	Interoperable blockchain authentication among 18 commercial banks in South Korea
	Maritime Logistics Consortium (logistics)	Trust	Visible business network	Track and share the cargo information (temperature, humidity, etc.) in real-time Network participants include shipping firms, financial institutions, and government departments
	Samsung SDI (manufacturing)	Trust	Tamperproof asset attestation and protection	Trustworthy electronic contract system

FIGURE 4 The Performance And Implementation Of Consensus Mechanisms Vary

FIGURE 2 Business Cases Worldwide Are Proving The Value Of Blockchain Across Industries
Consensus/ordering mechanism	Throughput	Degree of decentralization	Blockchain/DLT¹⁾ implementations	Mechanism haracteristics
Nexledger Consensus Algorithm (NCA)	High	Medium	Samsung SDS (Nexledger Platform)	Proprietary algorithm of Samsung SDS

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This independently researched report tracks and measures the maturity and adoption rates of various technologies and provides insights into how relevant they are to solving business problems around the digital world. Samsung SDS, via its Blockchain platform, Nexledger; is listed as a sample vendor in the report.

*Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

This independently researched report describes the impact of Blockchain across different industries. Samsung SDS, via its Blockchain platform, Nexledger; is listed as a Horizontal Solution Provider in the report.

This independently researched report discusses how Blockchain is creating innovative business opportunities in Asia, and profiles Blockchain vendors in the APAC region.

This independently researched report provides a market analysis of the Blockchain platform realm. Samsung SDS, via its Blockchain platform, Nexledger; is listed as a Representative Vendor in the report.