Samsung and IBM Collaborate to Strengthen Blockchain Ecosystems

Samsung and IBM Collaborate to Strengthen Blockchain Ecosystems

by February 15, 2019
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During IBM’s annual conference focused on technology and business, Samsung SDS announced it is continuing its collaboration with IBM in support of advancing Hyperledger Fabric, an open source cross-industry blockchain technology, with recent code contributions, research and a new white paper.

As a contributor to Hyperledger Fabric, Samsung SDS is working to improve fabric capabilities and actively contributing its new “Accelerator” code to the open source community. The new code is expected to significantly improve Hyperledger Fabric performance for specific use cases.

Samsung SDS is also making a new white paper available, “Accelerating Throughput in Permissioned Blockchain Networks,” co-written by IBM. The paper validates the applicability of Accelerator to Hyperledger Fabric, provides a roadmap and also illustrates performance improvement in terms of transactions per second. A copy of the white paper and the Innovation Sandbox environment is now available for external developers to test. (https://github.com/nexledger/accelerator)

While this technical initiative is being rigorously validated from the open source Hyperledger community, Samsung SDS will prepare to become IBM’s key go-to-market reseller partner of IBM Blockchain Platform in Korea.

Ted Kim, Vice President, Blockchain Team from Samsung SDS America has been named to the IBM Blockchain Board of Advisors. Additionally, during the IBM Think Conference in San Francisco, Kiwoon Sung, Head of Blockchain Research Lab, Samsung SDS, will discuss the company’s blockchain innovation efforts at a session entitled, “New Blockchain Solutions emerging from the IBM Blockchain ecosystem.”

Hyperledger is an open source collaborative effort created to advance cross-industry blockchain technologies. It is a global collaboration including leaders in finance, banking, Internet of Things, supply chains, manufacturing and Technology. The Linux Foundation hosts Hyperledger under the foundation.

 

 

Featured image credit: Pixabay

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