Samsung SDS to Power World’s First Exports Customs Clearance Blockchain in Korea

World First: Korea Customs Taps Samsung Blockchain for Exports Clearance

The Korea Customs Service (KCS) has entered an agreement with Samsung SDS to implement the latter’s blockchain technology for an export customs clearance system. Samsung SDS, the IT subsidiary and technology provider of Korea’s largest conglomerate Samsung, will develop the world’s first blockchain-based export customs logistics service for the Korea Customs Service to enable efficiency and curb fraud in the industry.

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