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Tag: I.D

South Korean Banks to Utilize Blockchain for Digital I.D.

Category: Blockchain, Finance, News, Tech

South Korean Banks to Utilize Blockchain for Digital I.D.

South Korea looks to blockchain technology to provide its next-generation digital identification system, according to a report on Korea JoongAng Daily. The new system proposed by the Korean Federation of Banks (KFB)  called BankSign, is a direct response to the recent move by the South Korean government in lifting its mandate stating that banks must rely on traditional methods of…

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