Patent for Blockchain Credit System Obtained By Shinhan Card

A patent for a blockchain-powered payment system has been awarded to a credit card company based in South Korea, Shinhan Card. An official at Shinhan explained, “We obtained the patent about a year and a half after we initiated a feasibility study, including technology reviews. We are seeking measures to make the patent valid in European countries, the U.S., Japan, China, Vietnam, and Indonesia.”

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