Samsung SDS CEO: The future of blockchain is very appealing

Samsung SDS CEO Hong Won-pyo said at the Boao Forum for Asia in the afternoon on the 10th that blockchain is a trust-based distributed ledger technology. The future of blockchain is very attractive in any industry. Blockchain technology can track information and allow various collaborative organizations to share it efficiently. Blockchain electronic contract management, testing partner qualifications, is very efficient. He said that companies are very interested in the blockchain, which can improve management and economic efficiency, but the blockchain also needs to be improved in terms of expanding usage, transaction volume, and cooperation of different blockchains.

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