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Blockchain: Samsung SDS invests in Darktrace, Blocko


Samsung SDS, the IT solutions unit of Samsung Group, said Thursday it has decided to invest in U.K.-based security solutions developer Darktrace and Korean blockchain venture Blocko.



“We will strengthen our security solutions and services through Darktrace’s next-generation security solutions, while with Blocko we will apply blockchain technology to diverse areas such as the Internet of Things.”

Darktrace is a cybersecurity solutions developer that uses machine learning technology. Its solutions detect abnormal behaviors or threats in IT infrastructure systems.

Blocko is a blockchain specialist. Its technology is used in software stores and data transfers across the Internet to prevent hacking or forgery. It is widely being adopted in the financial technology, IoT and medical sectors.

Samsung SDS said it will continue to invest in technologies such as artificial intelligence, analytics and the IoT.
samsungsds.com

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