Samsung SDS was named one of the top 50 global blockchain companies on the Forbes list. This appears to have been recognized for the global performance of the Nexledger blockchain platform.
According to an industry source on April 22, Forbes announced the list of the top 50 companies whose sales or corporate value related to blockchain exceed $1 billion among global companies operating in the U.S..
By industry, financial firms accounted for the largest portion with 22, followed by IT and media firms with 17. By region, the number of U.S. companies was overwhelming at 33, with 13 and four from Europe and Asia, respectively.
In particular, many of the IT companies included leading U.S. companies such as Amazon, Facebook, Google, IBM, Intel and Microsoft, while in Asia, Samsung was named along with China's Alibaba Ant Financial, Taiwan's Paxcon and HTC.
Forbes explained that Samsung SDS' own corporate blockchain platform called "Nexledger" is being used for managing smart contracts of battery-related companies.
In this regard, Samsung SDS has been expanding its blockchain-based business in various areas since it launched its corporate blockchain platform NexledgerTM in 2017 by establishing a dedicated organization and launching technology development in 2015.
