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

Is there anything we can learn from the whole disaster? ==== 1 ==== The fall of another false crypto idol The crypto industry has a way of building founders into idols to lionize…
1 year ago
Cryptocurrency exchange Huobi has said rumors that it will merge with Poloniex are "categorically untrue." It was reported today by Colin Wu that the two exchanges would merge, a…
1 year ago
The most interesting story in DeFi this week was the return of the “highly profitable trader” Avi Eisenberg. You might remember that Eisenberg attacked Solana-based Mango Markets last month…
1 year ago
In yet another "this just in regarding FTX and SBF", documents in their bankruptcy filing show that FTX somehow managed to buy their own US bank. This is just like a perpetual machine, but…
1 year ago
Ardana (DANA), a once-promising decentralized finance project built on perennial top-ten proof-of-stake blockchain Cardano (ADA) has halted development. ===== Hello Ardana community, Unfortunately…
1 year ago