Major Telecom Players Team Up For Blockchain mobile identification system

A partnership has been made between major South Korean firms in launching a blockchain-powered mobile identification system. The collaboration has made between KEB Hana Bank, Woori Bank, KOSCOM, mobile carriers SK Telecom, KT, LG UPlus, and tech mammoth Samsung Electronics with a target to develop a self-sovereign identity system that does not require any intermediaries and service aims to allow users to store personal information like resident registration numbers, bank account numbers etc.,

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