Warning: Use of undefined constant REQUEST_URI - assumed 'REQUEST_URI' (this will throw an Error in a future version of PHP) in C:\xampp\htdocs\mbc1\wp-content\themes\jannah4\functions.php on line 73
Samsung consortium to develop a blockchain cellular ID system – jj
rss

Samsung consortium to develop a blockchain cellular ID system

[ad_1]

Samsung has created a consortium with six South Korean firms including Woori Bank, KEP Hana Bank, SK Telecom, KT, LG UPlus and Koscom to create a blockchain powered mobile identification system. With this self-sovereign identity system, customers can receive a new ID in less time than through traditional means, according to a report by Yahoo Finance.

Samsung plans to manage the blockchain data through its Knox mobile security solution. The consortium will offer the blockchain solution for services such as academic certifications, insurance and amusement parks, according to the report.

[ad_2]
Source link

Tags

Related Articles

Leave a Reply

Back to top button
Close