Crypto News: South Korea Further Embraces Blockchain With Blockchain-Based Digital ID for Citizens

South Korea continues to harness blockchain technology to create unique applications. As soon as 2024, South Korean citizens will be able to use blockchain-based digital identification instead of physical cards. The government has a plan to embed digital IDs within an app on mobile devices in the future. Reportedly, the digital IDs could be used in finance, healthcare, taxes, and transportation too. The blockchain-based digital ID system is set to be launched in 2024, and around 45 million citizens are expected to adopt it within two years. https://freebitco.in/?op=email_web_version&email_id=glU1fFXgWNlEIHf8GQG5JbDCqMDrO9LXas2cxwOv9n4hX&email=vya4.vlad@gmail.com&unsub=7304a1990d0c10a70a6c72575a8b7388ca5ce506d8aaf5ba28ca474350d0cad6&userid=21309444&eoh=81f7197295cba0515af2e421d03a1844ec3d2fb8b26871844c79085ca9c8ccf3&email_verify_id=0&email_verify_hash=a

vya4slav's Recent Blog Posts

Brazil has not designated Bitcoin as legal tender, but it did the next best thing: it passed a law legalizing cryptocurrencies as means of payment throughout the country, giving a regulatory boost to…
1 year ago
Reuters: FRANKFURT, Nov 29 (Reuters) - The European Central Bank warned on Tuesday that it might make a loss as high inflation forces it to raise interest rates and foot the bill of a decade…
1 year ago
Phantom, the popular self-custody wallet for Solana-based decentralized applications and NFTs, announced today that it would be adding support for rival blockchains Ethereum and Polygon to its…
1 year ago
Game7, a Web3 gaming-focused decentralized autonomous organization (DAO), launched a $100 million grant program on Monday to help accelerate blockchain-enabled games by smoothing some of the…
1 year ago
A few days ago, a new version of the most widely used Bitcoin implementation, Bitcoin Core, was released. Version 24.0 includes the configuration “mempoolfullrbf”, which has already been the subject…
1 year ago