Samsung, the largest South Korean corporation and headquartered in Samsung Town, Seoul, develops Bitcoin type technologies.
With International Business Machines Corp., Samsung Electronics Co. has big blockchains plans.
As Bloomberg writes:
While bitcoin’s price has almost halved in the past year and the prospects for the digital currency are uncertain, its underlying software is attracting companies like phone makers, carriers and banks. That’s because the technology can be tweaked to record changes in ownership of any asset in a public ledger using a distributed network of computers or mobile phones. It could help facilitate all types of online transactions.