Hyundai Heavy Industries Adopts Blockchain Technology

Hyundai Heavy Industries, an arm of the Hyundai Group is set to change its transaction way to the Blockchain way. This follow a series of adoption that has been going around from Countries to businesses.

Hyundai Heavy Industries is currently the worlds biggest shipbuilder, an arm of the South Korean company Hyundai Group is set to implement its own Blockchain mainstream usage.

The company announced that it will use the HiPRO blockchain platform created by Hyundai’s own blockchain division to manage purchases, factories, smart factory incentives and supply chain management for shipbuilding materials.

This further enforces the solidity of cryptocurrencies. Many of the recent implementations of Blockchain Tech has been in the form of transactions and payment.

The company with a $39.33 billion revenue and up to 25,093 workers is a big boost for Blockchain and cryptocurrencies in general.

Author: CoinTick Editorial

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