Samsung supposedly looking to launch its own Ethereum-based blockchain and token

Samsung is reportedly looking to develop its own proprietary blockchain network as well as its own token some time in the future. According to an exclusive CoinDesk Korea report, which cited a person “familiar with Samsung’s internal situation,” the South Korean electronics giant’s blockchain task force is building an Ethereum-based blockchain mainnet. To manage expectations, though, the development is said to be at the “internal experimental” stage, which means we’ll likely have to wait to see a solution out in the wild. “Currently, we are thinking of a private blockchain, though this is not yet confirmed. It could also be…

This story continues at The Next Web

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