Major firms in South Korea have formed a consortium in an effort to bring a blockchain-based mobile identification system by the year 2020 in the country
The participants in the initiatives are as follows: KEB Hanabank, Woori Bank, KOSCOM, SK Telecom, KT, LG Uplus and Samsung Electronics.
Financial services firms are tasked with providing certification services, telecom companies with managing stable mobile services and Samsung to ensure secure management of stored data.
The consortium plans to explants and include other business entities and educational institutions as well as hospitals, insurers and other industries.
Headlines for the world of Cryptocurrencies - July 14, 2019
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Headlines for the world of Cryptocurrencies - July 13, 2019
- Iran Becoming The Bastion For Cryptocurrency Miners
- Coinbase Whales Buying Up BTC After $1500 Dump
- Binance’s $2.5 Billion BNB Token Burn
- State Of Brazil Releases Blockchain-Enhanced Government Bidding Platform
- Crypto Now VAT-FREE IN Georgia
Headlines for the world of Cryptocurrencies - July 12, 2019
- PwC Reports Token Sales In Q1 Raised $3.3 Billion
- Crypto Too Disruptive To Ignore
- Binance Suggest Merge Mining To Mitigate Halving Shocks
- First Consumer-Facing Blockchain Token Approved By SEC
- Another Bitcoin Derivatives Soon To Hit The U.S.
