Express

Large South Korean Bank Is Integrating Blockchain

Roland James

Summary: A Large South Korean bank, KB Kookmin, has announced that they will now be integrating blockchain technology into their new internal process, according to Cryptobit. The Banks plans to implement the new decentralized system as a money laundering deterrent as well as to facilitate verification services, custodial services and for security token offerings. By Roland ...

A Large South Korean bank, KB Kookmin, has announced that they will now be integrating blockchain technology into their new internal process, according to Cryptobit.

The Banks plans to implement the new decentralized system as a money laundering deterrent as well as to facilitate verification services, custodial services and for security token offerings.

By Roland James

Last Update:

Tags: ,,,
Link: Large South Korean Bank Is Integrating Blockchain   [Copy]
Next:

Related Articles

  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 5 hours ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 15 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 22 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 26 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 28 days ago

    • You need to login to comment.