Korean Banks Can Use Blockchain to Verify Customer IDs from July

in #blockchain6 years ago

A national banking group in South Korea is to roll out a blockchain-based ID verification system for domestic commercial banks in just weeks.

According to a notice revealed on Monday by the Korea Federation of Banks (KFB), the new system – dubbed BankSign – is scheduled to be launched in July following a testing phase that began in April of this year.

Informative article on this blockchain use from Korea, one of the leaders and early adapters of crypto. Seems like a new use for blockchain everyday....

Read the full article here...
https://www.coindesk.com/korean-banks-can-use-blockchain-to-verify-customer-ids-from-july/

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After a long time, a bank report was very good to read.

Yeah, I could use some good news, and that cocktail next to your name.... :(

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