One more recently announced consortium is related mainly to logistics and comes from Korea. Lead by Samsung SDS, which is already a member of Enterprise Ethereum Alliance, the consortium brings together the Korea Customs Service, Ministry of Oceans and Fisheries, Hyundai Merchant Marine, IBM Korea and Ktnet. The solution is presented as enterprise-grade blockchain platform Nexledger, which will help manage and make impossible to manipulate the entire supply chain from history of manufacturing and storage to transportation and online-tracking of cargo. The members will try to apply this blockchain solution to the entire logistics process for all export and import operations. At the same time, cooperative research on technical and regulatory challenges for the technology will also be performed.