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2020-02-25 19:28:14

Korean Blockchain Bank pushes growth with distributed IDs of 20 employees

Korean blockchain bank and fifth-largest bank in the country, Nonghyup, has begun using blockchain technology to authenticate the identity of their staff. Nonghyup has organized a Distributed ID blockchain that is driven by an ID card system, which was created by Nonghyup alongside SK Telecom. More than 20 of the Korean Blockchain Bank staff will use the new ID system to register when they come in and leave work with a digital key card on their mobile phones to go inside and outside the firm. The system records and works on data on a blockchain network as records on it

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