Samsung SDS, Dutch Bank ABN AMRO to Link Two Blockchains in Global Shipping Trial

Samsung (KS:005930) SDS, the logistics and IT division of the South Korean tech giant Samsung, has partnered with one of the leading Dutch commercial banks, ABN AMRO (AS:ABNd), to test a blockchain-based shipping solution between Asia and Europe. The trial will connect two distributed ledger technology (DLT) systems: Nexledger, which is Samsung’s blockchain project, and the DLT of R3 Corda, where ABN AMRO is a partner, according to a Samsung SDS press release from Monday.

The Port of Rotterdam Authority is also part of the project that will track the shipment of a container from Korea to the Netherlands. Rotterdam is the largest port by freight volume i…

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