Although the company has not made any official announcement, it appears that South Korean technology group Samsung Electronics has been appointed as the new vice president of AI PM Group / Blockchain Dev Group.

Wong Ay-Yun, a former chief architect at Blockchain Solutions for Healthcare and Life Sciences at IBM, recently updated his LinkedIn profile with a new role. However, according to information, he has reportedly held this position since January 2020.

According to local media reports from Fn News, Wung will expand and reorganize Samsung's blockchain operations division, which today acts as a temporary organization within the Titan Wireless Technology division.

Previous IBM Healthcare experience
Ah-yoon will be responsible for overseeing the blockchain development and business as part of Samsung's new blockchain vision.

Wung's appointment may be related to his previous experience with the IBM Health Administration. Fn News believes that the new vice president can support one of the three main services of Samsung Galaxy smartphone – Samsung Health.

There are unconfirmed rumors that Wung may also activate the health management service based on Samsung blockchain – Limbo. Limbo rewards users for completing their daily walking or running tasks.

However, when local media turned to Samsung to get official data on the new blockchain management, they commented on the following:

“We cannot confirm information related to internal organization and human resources.”

Recent blockchain movements from technical titanium
Samsung Electronics has shown signs of wanting to support blockchain development and product diversification, and to improve the secure environment for encryption in its services.

On March 26, Cointelegraph announced that the tech giant has created a new, independent “turnkey” security chip that protects cryptocurrency transactions on smartphones and tablets.

In February, Samsung unveiled the latest series of Galaxy S20 smartphones, which improved the embedded blockchain security features introduced in 2019.

Source: CoinTelegraph