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Tag: blockchain

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The Korean Federation of Banks has announced that it will be making use of a in-house blockchain based verification system to handle customer ID checks. Developed alongside the Samsung SDS corporation, the BankSign technology is ripe for release amid successful testing since April. The repeal of the Digital Signature Act has allowed banks to adopt […]
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The Bank of Korea has hinted at the potential launch of a state back crypto currency. No further details have been given such as a name and issuance details as the state continues research and development about the prospective applications of crypto for South Korea. Crypto technology has already gained a significant foothold in Korea […]
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