South Korea issues digital IDs secured by blockchain

Quick Summary:

South Koreans aged 17 or older can store their digital IDs on their smartphones for the first time in a trial targeting nine regions; it uses blockchain for security.

The post South Korea issues digital IDs secured by blockchain appeared first on CoinGeek.

The ministry is working with local banks to permit digital cards to be used for fintech services.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaAfghanistanChinaHong KongSouth KoreaNigerNigeriaQatarThailand

Topics: Thaksin Shinawatra Business Digital ID Cybersecurity Gambling Blockchain

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-24 @ 06:00:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 873 words

Reading Time: 5 minutes read

Sentences: 40 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 25393061

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