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Major Korean Firms Unite to Develop Blockchain ID System

A consortium of major South Korean firms has come together to launch an identification system based on blockchain. As reported by the Korea Times on July 14, this system will be launched in 2020. This partnership aims to develop a self-sovereign identity system which does not demand the need for any intermediaries. This system will…

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Successful Launch of First Blockchain Shipment From South Korea To The Netherlands

According to a report released on 01 July 2019, the Dutch bank ABN AMRO, Port of Rotterdam, and Samsung SDS have jointly conducted a Proof-of-Concept shipment from South Korea to the Netherlands. Before deploying blockchain technology, the shipment process was ineffective and paper-heavy. For this, they exclusively tracked a container by using an interoperable blockchain…

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Samsung To Integrate Crypto and Blockchain Technology Into Their Devices

The last two years have seen a lot of interest in blockchain technology worldwide. From businesses trying to streamline their operations to investors trying to jump on the blockchain bandwagon, blockchain has definitely earned a standing on the world stage. Big tech firms like Apple, Facebook, and Samsung, are also not far behind when it…