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Heads of Seoul and Samsung together are developing a blockchain-project.

 

According to a recent statement by one of Samsung's divisions (Samsung SDS), they are working on developing a platform based on the blockchain system, which is designed for government agencies. This work is carried out within the framework of a partnership agreement signed earlier between the company and the


Seoul administration in the field of developing a single information space and the strategy of the city government system in all spheres of society. Priority issues for the solution of which citywide plan to use blockchain are transport, public safety and improvement. The organizers plan to complete all aspects of the program by 2022. Such a project, according to the leaders of Seoul, will make their work transparent for society and significantly increase the effectiveness of the work of city authorities. 
Head of Samsung SDS Hugh Won-Pyo said that the company has a rich experience in the development of software products on the blockchain, as evidenced by the recent launch of the cloud corporate blockchain platform Nextlender. With their help Seoul can soon lead the list of the most developed cities in the world.


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