Samsung IT unit invests in blockchain and security solutions companies

Rage Comment : Samsung is the largest multinational conglomerate in South Korea with a wide range of businesses. Samsung Group's IT department Samsung SDS announced its investment in British security solution provider Darktrace and South Korean blockchain startup Blocko, as well as the department's investment plan. We can see that Samsung has always paid attention to the exploration and application of emerging technologies. Blockchain is a highly applicable technology, and it is believed that it can help Samsung better maintain its cross-industry diversity.

Translation: Annie_Xu

Samsung SDS, the IT division of Samsung Group, announced today its decision to invest in UK security solutions provider Darktrace and South Korean blockchain startup Blocko.

The company said: "The recent investment goal is to participate in a wide range of information and communication technology projects (ICT)." "We will use Darktrace's next-generation security solutions to strengthen our security solutions and services, while bringing Blocko's blockchain technology to areas such as the Internet of Things."

Darktrace is a company that develops cybersecurity solutions using machine learning technology to detect threats and anomalous activities in IT infrastructure systems.

Blocko is an expert in the blockchain field. Its technology is used in software stores to transmit data on the Internet to prevent hacker attacks or counterfeiting. It is widely used in the fields of financial technology, the Internet of Things and the medical field.

Samsung SDS said it will continue to invest in future technologies, including artificial intelligence, the Internet of Things and analytics.