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    Major Korean Banks Join Government-Backed Blockchain ID Initiative
    Crypto News Point
    • Oct 22, 2019
    • 2 min

    Major Korean Banks Join Government-Backed Blockchain ID Initiative

    Four Major South Korean institutions including the Shinhan and NH Nonghyup banks have joined a South Korean decentralized identity initiative for blockchain-based digital identity. Major Players in the Initiative It’s a government-backed initiative that aims to secure and share personal data using blockchain technology. Major banks that are included: Shinhan bank NH Bank Two major payment processors are also included: BC Card Hyundai Card Bringing the total number of partici
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