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Korean Banks to Use Samsung SDS Blockchain to Verify Customer IDs from July

A national banking group representing South Korea’s commercial banks will launch a customer ID verification powered by blockchain technology in July. The Korea Federation of Banks (KFB) will officially launch “BankSign”, a blockchain-based identity verification platform that will enable retail domestic banks to improve a decades-old verification system with digitization in both online and mobile

The post Korean Banks to Use Samsung SDS Blockchain to Verify Customer IDs from July appeared first on CCN

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