• Samsung Heavy Industries becomes the first in the country to offer blockchain-based security solutions in the autonomous shipping sector.
• VeChain ToolChain actively supports DNV in developing blockchain solutions and applications that meet market demands, etc.

VeChian, the enterprise-grade Layer-1 smart contract platform, continues to be part of industry-leading applications. In the latest development, DNV, the world-leading certification authority issued a Result of Compliance (SoF) certificate to Samsung Heavy Industries.

DNV has certified Samsung’s new blockchain technology application for its ship building industry. Interestingly, Samsung Heavy Industries chose VeChain’s blockchain technology to verify data transmission for its ship’s autonomous sailing system (SAS) and electronic logbook (eLogBook).

In the shipping and maritime industry, network security has gained significant attention in recent years. With the increasing use of autonomous and unmanned ships, as well as the digitization of traditional operations, the need for strong network security has become crucial. The industry relies heavily on information sharing, making it essential to prioritize and enhance network security measures.

Samsung Heavy Industries becomes the first company in Korean shipbuilding to apply blockchain as a security solution. Speaking on the development, Dr. Dong Yeon Lee, the Director and Vice President of Samsung Heavy Industries’ ship and ocean engineering research institute, said:

“Blockchain technology is groundbreaking in terms of data security for autonomous ships. Thank you DNV for recognizing our efforts and for being our partner in this. We will continue to invest in the development of autonomous ships and the application of blockchain technology.”

Overcoming Challenges Of Digitizing the Ship Industry

With the growing digitization of ship navigation, there are some important information exchanges among stakeholders, shipping companies, shipyards, manufacturers, and other classification services.

However, these activities usually pose increased network security risks without proper precautions. The security of data within a ship’s internal systems or during communication between ships and shore-side facilities is of utmost importance. Any interception or alteration of this data can result in expensive and undesirable consequences.

To address this concern, blockchain technology offers a solution by providing information transparency and tamper-proof characteristics. By leveraging blockchain, maritime information exchange can be safeguarded, preventing any unauthorized manipulation or forgery of data by third parties.

As a leading enterprise-friendly blockchain platform, VeChain Toolchain actively provides comprehensive blockchain technology support to enterprise users and empowers partners to expand their business space. VeChain ToolChain actively supports DNV in developing blockchain solutions and applications that meet market demands, seize growth opportunities, and create win-win cooperation. Speaking on the development, Vidar Dolonen, DNV Korea and Japan Regional Manager, added:

“Blockchain technology is a fundamental requirement for the future of ships and a necessary condition for responding to the upcoming maritime regulations. Collaborating with a well-known industry institution has become an important milestone towards more secure digital systems for ships.”