Express

South Korea's Iconloop Obtained Government Support To Test A Blockchain-Based Mobile Driver’s License System

Mary Liu

Summary: Iconloop, a corporate-focused blockchain company based in South Korea, announced that it has obtained approval from the Ministry of Science and ICT of South Korea to use its blockchain-based decentralized identity (DID) technology to manage driving license data in this country. This trial operation, which is another use case of the DID technology system supported by ...

Iconloop, a corporate-focused blockchain company based in South Korea, announced that it has obtained approval from the Ministry of Science and ICT of South Korea to use its blockchain-based decentralized identity (DID) technology to manage driving license data in this country. This trial operation, which is another use case of the DID technology system supported by the Korean government, aims to demonstrate the ability of DID to provide secure data storage and prevent data forgery. In August 2020, Jeju Island used DID technology to track the flow of people infected with Covid-19.

By Mary Liu

  • Global Financial Giants Enter Stablecoin Arena in Pivotal Shift 8 days ago
  • CRYPTO'S NEW PLAY: 24/7 STOCK TRADING 9 days ago
  • Gold’s $2.1 Trillion Plunge: Where Is The Smart Money Flowing Next? 16 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.