Samsung partners with Korean banks and carriers to launch blockchain mobile ID platform

Consortium launches blockchain-based digital ID in S Korea — Yonhap News — “A group of major tech companies and financial institutions have joined hands to launch a blockchain-based digital identity platform available on smartphones… Samsung Electronics Co, three mobile carriers — SK Telecom Co, KT Corp and LG Uplus Corp — KEB Hana Bank, Woori Bank and Koscom, an IT subsidiary of the main stock exchange, signed an agreement to jointly develop a mobile application for the digital ID platform.”


SK Telecom and Deutsche Telekom to build blockchain-based digital ID platform

SKT teams up with Deutsche Telekom for blockchain biz — Korea Times — “SK Telecom and Deutsche Telekom’s T-Labs will work together to develop and commercialize blockchain-based mobile identification that can be utilized in various areas including access control, dealings and contracts… The firm said blockchain-based digital identification could also replace identification cards issued by the government such as passports.”






Korea’s SK Planet buys US BLE offers platform Shopkick

SK Planet and Shopkick

Mobile offers platform Shopkick, which is working with a number of high profile US retailers to roll out a network of Bluetooth Low Energy (BLE) beacons, has been acquired by SK Planet (SKP), operator of Korea’s largest shopper rewards program and part of the same group as carrier SK Telecom... More




NFC World

Korean banks launch NFC payments service

BankWallet

Sixteen Korean banks have introduced BankWallet, a prepaid NFC payments service that uses a platform developed by interbank clearing house KFTC. SK Telecom subscribers with an NFC phone will be the first to be able to use the new service and KT customers will be added soon. More


NFC World

GSMA honors KT and SK Telecom for NFC

SK Telecom and KT

Korean mobile network operators KT and SK Telecom have been named as the winners of the 2013 GSMA Chairman’s Award, the association’s most prestigious honour, in recognition of “their pioneering efforts and leadership in driving the adoption of SIM-based mobile near field communication (NFC) services”... More






NFC World

NFC shopping zone opens in Seoul

Banners advertise Seoul's NFC Zone

Korea’s leading mobile network operators, card networks, phone manufacturers and government agencies have joined forces to provide shoppers in Seoul’s busiest shopping district with a wide range of NFC services including payments, couponing, smart posters and digital receipts. More






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