South Korea tests digital vouchers, blockchain for item recovery

Quick Summary:

South Korea’s central bank is partnering with half a dozen local banks to enable seamless settlement of voucher payments with the upcoming digital won.

The post South Korea tests digital vouchers, blockchain for item recovery appeared first on CoinGeek.

According to the Korean National Police Agency (KNPA), over a million items are reported lost annually in Korea, with less than half recovered by their owners.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaChinaJapanSouth KoreaSingaporeTaiwanUgandaVietnam

Topics: Digital won Central Bank Digital Currency Bank of Korea Busan Finance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 04:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 879 words

Reading Time: 5 minutes read

Sentences: 43 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © CoinGeek

News ID: 23564629

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