Samsung SDS launches blockchain-based service to prevent document forgery

Samsung SDS Co. has launched a web-based ‘paperless’ service that uses blockchain technology to prevent document forgery.

The service enables the safe management of various documents, without the need for separate system setup, through a connection with the standard application programming interface (API) function.

The IT service unit of Samsung Group encrypts data on a dedicated server and records the hash values for such documents and data in the blockchain system.

The document’s history is recorded in the blockchain system in real-time, thereby guaranteeing the integrity and transparency of the data.

Samsung SDS has utilized the service in various areas, including certificate management, in-house voting, and contracts for employees.