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

Are you an FTX victim? Better call the Feds. Or at least visit the website they’ve set up to distribute information about their criminal case against FTX founder Sam Bankman-Fried. => https://www…
1 year ago
Are you an FTX victim? Better call the Feds. Or at least visit the website they’ve set up to distribute information about their criminal case against FTX founder Sam Bankman-Fried. => https://www…
1 year ago
SuperRare Labs, the company behind NFT marketplace SuperRare, became the latest crypto player to make job cuts on Friday, announcing it will reduce its staff by 30%. The news came from SuperRare…
1 year ago
Crypto exchange Huobi is set to lay off 20% of its staff, per sources reported by Reuters. Justin Sun, a prominent crypto entrepreneur who joined the company as an advisor in October 2022, had…
1 year ago
Despite months of declining sales and falling prices, overall NFT sales volume last year nearly matched the 2021 peak, according to data from DappRadar. A buzzy start to the NFT market in 2022 buoyed…
1 year ago