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

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 3 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 10 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 14 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 17 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 21 days ago
  • You need to login to comment.