According to a report by Business Korea published on June 24, 2020, major South Korean telecom giants – SK Telecom, KT, and LG Uplus – launched a blockchain-enabled identity app dubbed ‘PASS’ that enables Koreans to store and authenticate their driving licenses on their smartphones.. Authenticate Driving License via Blockchain. 1 mobile carrier SK Telecom Co. vowed Wednesday to beef up its efforts to tap deeper into the media industry through the acquisition of the nation’s top cable operator, amid rising criticism from its rivals over the deal. AMONG OUR MAIN OBJECTIVES IS TO POPULARIZE THE USE OF CRYPTOCURRENCY, EXPLANATION WHAT CRYPTOCURRENCIES ARE AND HOW THEY PLAY THE ROLE OF PAYMENT INSTRUMENT AND MEANS FOR SAFE STORING AND EARNINGS, AS WELL AS PROVIDING THE NECESSARY KNOWLEDGE, EDUCATIONAL ARTICLES, INFORMATION ABOUT UPCOMING EVENTS AND CONFERENCES DEDICATED TO THE DEVELOPMENT OF CRYPTOCURRENCY. The interconnectedness of the app with various data repositories enables real-time verification of a user’s identity.
SK Telecom and two smaller carriers had planned to initially launch 5G in South Korea on Friday with Samsung Electronics’ new 5G-enabled smartphone Galaxy S10.
FOR BASIC INFORMATION ON THIS WEBSITE WE PUT OUR OWN KNOWLEDGE ABOUT ONLINE PAYMENT METHODS, PRACTICAL SKILLS AND YEARS OF EXPERIENCE. BTCMANAGER WEBSITE IS OFFERED TO WIDE RANGE OF READERS AS A DAILY DIGEST THAT FOCUSES ON ISSUES AND MODERN SOLUTIONS IN THE PRACTICAL APPLICATION THE MAIN CRYPTOCURRENCY AND ITS DERIVATIVES. But SK Telecom officials said it was likely there will be an open auction for network equipment makers including Huawei if South Korea needs more base stations for higher frequencies. SK Telecom currently plans to complete the process by April 2016.Yonhap News is South Korea's largest news agency based in Seoul. LG Uplus also said earlier this week the merger violates South Korea’s fair trade rules that regulate mergers with top industry players.SEOUL, Dec. 2 (Yonhap) — South Korea’s No. (ATTN: RECAST para 2; ADDS details in paras 6-7, 11, photo)In line with the vision, SK Telecom said it will invest 5 trillion won (US$4.3 billion) in improving its infrastructure.
(ATTN: RECAST para 2; ADDS details in paras 6-7, 11, photo) By Kang Yoon-seung SEOUL, Dec. 2 (Yonhap) — South Korea’s No. South Korea's mobile market is amongst the largest in the world with big mobile phone manufacturers such as Samsung and LG dominating the local and worldwide markets. South Korea Telecom KT Corporation LG U . The app is primarily used for authentication in mobile financial transactions and will now enable users to verify their driving licenses.The development is a reminder of South Korea’s leading role in the adoption of distributed ledger technology (DLT) across a wide array of industries and ecosystems.Commenting on the development, Oh Se-hyeon, Vice President and Head of Blockchain/authentication Office, SK Telecom, said: Netflix, which holds 65 million viewers from 86 countries, will enter the local market in the near future.Enter your email address to subscribe to this blog and receive notifications of new posts by email.The merger needs to win approval from the authorities — the Fair Trade Commission, the Ministry of Science, ICT and Future Planning, and the Korea Communications Commission. BTC MANAGER IS NOT RESPONSIBLE FOR ANY RESULTS OF YOUR USING THE INFORMATION FROM OUR WEBSITEPer sources close to the matter, the new driving license authentication service launched on PASS is linked to the verification system of the National Police Agency and the Korea Highway Traffic Authority. The app also prevents fraudulent use as it links to the device identity on which it is installed.For the uninitiated, the blockchain-powered app, called PASS, was launched in July 2018 and currently boasts of more than 30 million users across the country. SK telecom Americas (SKTA) is the North American business development and venture investment arm of SK Telecom, South Korea’s largest telecommunications company.