The president and CEO of Samsung (KS:005930) SDS — an IT and consultancy subsidiary of the South Korean tech conglomerate Samsung Group — has said that blockchain can improve productivity in the manufacturing industry. President and CEO Hong Yuan Zhen’s comments were reported by local media agency Sina Technology News on March 26.
Sina reports that the executive made his statement during the "Boao Forum for Asia 2019 Annual Meeting," which is being held in Boao in China’s Hainan province between March 26 and 29.
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