Express

Blockchain ID 'War' In Offing As S Korean Giants Prepare Rollouts

Tracy CHEN

Summary: According to cryptonews, SK Telecom, KT and LG U+, the nation's three biggest mobile carriers, have agreed a deal that will see them make use of the PASS driver's license mobile ID platform, the brainchild of the National Police Agency and the Road Traffic Authority.The police force states that 1.4 million South Koreans have now begun to ...

According to cryptonews, SK Telecom, KT and LG U+, the nation's three biggest mobile carriers, have agreed a deal that will see them make use of the PASS driver's license mobile ID platform, the brainchild of the National Police Agency and the Road Traffic Authority.
The police force states that 1.4 million South Koreans have now begun to use the PASS platform, which allows users to prove their identity using the police's blockchain network and scannable QR codes or barcodes.
The CU and GS25 convenience store chains have already begun accepting the PASS App as a proof of age in outlets nationwide. And last week, internet giant Naver and chat App operator Kakao also joined the platform, after being granted "temporary permission" under regulatory sandbox rules.

Tracy Chen

Last Update:

Tags: ,
Link: Blockchain ID 'War' In Offing As S Korean Giants Prepare Rollouts   [Copy]
  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 13 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 14 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 21 days ago
  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... October 5, 2025
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... October 1, 2025
  • You need to login to comment.