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South Korea’s Shinhan Bank Introduces Blockchain Platform for Document Verification
South Korea’s Shinhan Bank has announced the introduction of a blockchain system that replaces the manual verification process of documents, according to a report by CNB Journal. The blockchain system has been applied to the Shinhan Doctor Loan product aimed at medical professionals and considerably reduces the time spent to verify documents such as certificates […] The post South Korea’s Shinhan Bank Introduces Blockchain Platform for Document Verification appeared first on Coinjournal. дальше »
2019-5-28 13:56
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Oldest S Korean Bank Launches Blockchain-Powered Loans For the Whole Nation
South Korea’s oldest bank, the Shinhan Bank, headquartered in Seoul, has revealed a new loan application system powered by… The post Oldest S Korean Bank Launches Blockchain-Powered Loans For the Whole Nation appeared first on Invest In Blockchain. дальше »
2019-5-28 13:19
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Bitcoin’s [BTC] mining profitability hits ATH for 2019; demand increases in South Korea on Local Bitcoins
On Sunday, Bitcoin [BTC], the King of the cryptocurrency market, reached its all-time high for the year, resulting in the entire cryptocurrency community rejoicing its rise. The coin rose to hit a high of $8947. дальше »
2019-5-28 03:25
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Bitcoin Bull Market Sees South Korea Set Fresh Localbitcoins Trading Record
South Koreans exchanged almost 220 million won ($186,000) worth of Bitcoin on P2P trading platform Localbitcoins the week ending May 25. KRW Third Most-Used Fiat to Buy Bitcoin According to data from Coin Dance, weekly Localbitcoins volume set a new record as more than 217. дальше »
2019-5-28 22:01
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Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform
Korea’s oldest bank, Shinhan Bank, launched the country’s first blockchain-based lending platform to speed up the loan process
дальше »2019-5-27 16:52
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Seoul Mayor still Bullish on Blockchain for Smart City Initiatives
South Korean news outlet Queen. co. kr reported May 20, 2019, that the Seoul city mayor Park Won-soon during the ‘Korea Future Forum & Blockchain Tech Show’ highlighted the use of blockchain and Ai in recording and storing data. дальше »
2019-5-21 19:00
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Seoul To Put Its Citizen Cards On Blockchain for Its 26M Population
Local South Korean news outlet, Queen, reports that the capital city of Seoul will launch a blockchain-based citizen card… The post Seoul To Put Its Citizen Cards On Blockchain for Its 26M Population appeared first on Invest In Blockchain. дальше »
2019-5-21 13:24
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Seoul to Implement Blockchain in Citizen Cards, the Mayor Reveals
The capital of South Korea plans to implement blockchain tech in an authentication system for citizen cards, the mayor of Seoul has revealed
дальше »2019-5-21 18:00
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Da Hongfei Unveils $100 Million Funding Into NEO’s Ecosystem
Da Hongfei, the founder of NEO, has revealed that a $100 million funding initiative called NeoEcoBoost would be injected into the Neo ecosystem to activate seed projects and boost the overall growth of the blockchain. дальше »
2019-5-15 18:29
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Bithumb Crypto Exchange Launches Perpetual Futures Trading Platform
Bithumb Global, a leading South Korean bitcoin trading platform and crypto exchange, has announced the launch of its global digital assets exchange service that will support multiple fiat currency trading pairs and a perpetual futures trading with up to 100x leverage, according to a press release on May 13, 2019. дальше »
2019-5-15 19:00
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HTC Debuts Smartphone In-Wallet ERC-20 Token Swaps
Consumer electronics giant HTC is rolling out in-wallet cryptocurrency trading for users of its Exodus 1 smartphone
дальше »2019-5-15 15:32
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Three Blockchain Solutions Join S Korea Fintech Regulatory Sandbox
South Korea’s Financial Services Commission (FSC), the country’s top financial regulator, has announced its first batch of financial services providers accepted into its financial regulatory sandbox. дальше »
2019-5-4 14:49
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South Korea: Financial Regulator Authorizes 9 Fintech, Blockchain Firms for Trial Operations
Nine fintech companies, some blockchain-related, have been authorized by the South Korean Financial Services Commission to operate in the regulatory financial sandbox
дальше »2019-5-3 16:54
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US, Japan, and South Korea Record the Highest Number of Cryptocurrency Exchange Visits
A look at the number of visits to the top 100 most popular cryptocurrency exchanges reveals that most of the visitors are from the United States. Japan and South Korea come in second and third places respectively despite recording figures that are far less than that of the US. дальше »
2019-4-30 16:14
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Blockchain Platform for Content Creators and Fans Sets Out Plan for Gaining Global Reach
With the high commissions charged by the likes of YouTube and Spotify, a blockchain platform says it offers an alternative for content creators and fans #SPONSORED
дальше »2019-4-26 13:56
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APEJ to Spend $2 Billion on Blockchain by 2022
The Asia/Pacific, excluding Japan, is expected to increase their spendings on Blockchain solutions to over $2 Billion by 2022 according to an April 23, 2019 report by the International Data Corporation. дальше »
2019-4-24 19:00
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South Korean Hospital to Create Blockchain Medical Data Management Platform
Longenesis, Insilico Medicine and Gil Medical Center will jointly create a blockchain-based health data management platform
дальше »2019-4-24 03:35
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Disney Could Soon Own Oldest Bitcoin Exchange in $13 Billion Equity Deal
An equity battle involving a South Korean gaming giant could end up with Walt Disney Co. owning two major cryptocurrency exchanges. Happy Ending For Disney And Crypto? As local news outlet JoongAng Ilbo reported quoted by Korea Herald April 17, Disney is currently one of the major bidders for a 98. дальше »
2019-4-23 18:00
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South Korea: Hyundai Implements Blockchain For Its Electric Vehicles
South Korean car manufacturing giant, Hyundai, has revealed that it will use blockchain technology to the end of allowing… The post South Korea: Hyundai Implements Blockchain For Its Electric Vehicles appeared first on Invest In Blockchain. дальше »
2019-4-23 11:24
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Microsoft Security Expert says Cyber Criminals now Targeting Korea
Microsoft Korea has urged individuals and businesses in the region to adequately protect their computers and other devices against new cyber attacks such as supply chain compromises, cryptojacking, and phishing attacks, by regularly backing up their data on cloud platforms and keeping security software as well as operating systems up to date, reports The KoreaRead MoreRead More. дальше »
2019-4-23 11:00
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South Korea’s Largest Car Supplier Hyundai to Use DLT in Smartphone-EV Pairing Tool
South Korea’s largest car manufacturer Hyundai will use blockchain in its apparently industry-first smartphone-vehicle pairing tool
дальше »2019-4-23 19:31
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Average Crypto Investment by Middle-aged Koreans has Doubled Since 2018
The average cryptocurrency investment by middle-aged South Korean investors has doubled over the past year. Also, the median amount invested in cryptocurrencies by retail investors in the country has increased since 2018, signifying a rise in confidence despite the bear market. дальше »
2019-4-22 16:14
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Samsung-Backed Startup Blocko Launches Hybrid Blockchain Aergo Enterprise
Blocko, a South Korean startup backed by Samsung, has launched its hybrid blockchain Aergo Enterprise and initiated a migration program for clients using its private blockchain product Coinstack, which the company will officially be retiring, it said in a release earlier this week. дальше »
2019-4-21 00:28
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Bitcoin Bear Market Forces Korea’s Fifth-Largest Crypto Exchange to Close
By CCN: The bitcoin bear market might be over, but it hasn’t finished claiming victims. Coinnest — South Korea’s fifth-largest crypto exchange — shut down this week. Users have until April 30 to withdraw any remaining funds. дальше »
2019-4-20 23:15
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South Korea: Crypto Exchange Coinnest Shutting down Operations
Coinnest, a leading South Korean exchange, and bitcoin trading venue have announced it’s closing shop due to challenging market conditions and other unfavorable factors that have hampered its continued growth, according to a press release by the firm on April 18, 2019. дальше »
2019-4-19 01:00
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Coinbase Expands Services to 11 New Countries Including India, Mexico, and South Korea
In a bid to boost the adoption of cryptocurrencies, Coinbase announced on April 17, 2019, that they have expanded their business operations to 11 more countries. More People, More Places There have been a lot of new changes at Coinbase. дальше »
2019-4-19 23:00
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Coinbase Expands Crypto-to-Crypto Services to 11 More Countries
U.S.-based crypto exchange and wallet provider Coinbase has expanded its crypto-to-crypto trading to more countries
дальше »2019-4-18 23:44
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South Korean Firm Adopts 5G Blockchain Technology to Fight IoT Hacks
There is a new tool in the fight against hacks as Korea Telecom (KT) has unveiled a new blockchain-based 5G network that masks the IP addresses of IoT device users, reported on April 16, 2019. Unhackable Technology has brought the world many great gifts such as better communication and the fast sharing of information. дальше »
2019-4-17 20:00
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South Korea’s Telecom Giant KT Launches DLT-Powered 5G Brand to Prevent Hacks
South Korea’s largest telecom firm KT has launched its blockchain-powered 5G network brand GiGA Chain
дальше »2019-4-17 17:33
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Bithumb resumes Bitcoin [BTC] and Ethereum [ETH] withdrawal and deposit services
Bithumb, one of South Korea’s leading and more controversial crypto-exchanges, has been in the news for quite a while now. Just a few weeks ago, the exchange was hacked, contributing to the loss of millions in XRP and EOS. дальше »
2019-4-15 11:30
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Indian IT Giant Tech Mahindra to Use Samsung's Nexledger Blockchain: Local Media
Samsung’s systems integration arm will reportedly work with Indian IT giant Tech Mahindra to enter the overseas blockchain market
дальше »2019-4-15 16:49
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South Korea’s Defense Acquisition Program to Use Blockchain for Data Sharing
Blockchain technology will reportedly be used by South Korea’s Defense Acquisition Program Administration in the sharing of sensitive data between government organizations, a press release stated on April 10, 2019. дальше »
2019-4-11 19:00
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Bithumb Announces External Audit Results in Wake of $13 Million Hack
Bithumb’s latest hack has been followed by a full audit to restore user confidence
дальше »2019-4-12 14:22
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G-20 Members To Meet Over Crypto Regulations
G-20 nations are set to decide on new measures on crypto anti-money laundering (AML) and counter-terrorism as it was reported on April 4, 2019, that they will meet in June to discuss this. Soon to Meet One of the things that have helped propel cryptocurrency to greater heights is the creation of favorable regulations byRead MoreRead More. дальше »
2019-4-9 09:00
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South Korea: AI Helps in Arresting Scammers Involved in $18.7 Million Ponzi Scheme
A scam group has been arrested in Seoul for stealing over $18 million from victims after being caught by an artificial intelligence (AI) program, Korea JoongAng Daily reports on April 8, 2019. Big Crime, Big Time Crypto-related crimes are quite wide and varied. дальше »
2019-4-9 20:00
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Artificial Intelligence Helps Korean Police Bust $19 Million Bitcoin Ponzi
A special South Korean investigative agency in Seoul has successfully used Artificial Intelligence (AI) to unravel a cryptocurrency Ponzi scheme that defrauded 56,000 people of more than $18. 7 million. дальше »
2019-4-8 15:30
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South Korean government officials consider making cryptocurrency, blockchain regulations laxer
The cryptocurrency world has been pushing its limit to educate people about blockchain and cryptocurrency globally. South Korea was one of the countries to adopt the new tech, but framed strong regulations to keep the field from the illicit players. дальше »
2019-4-6 19:30
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S Korea SBI Savings Bank Deploys Blockchain-Based Authentication Service
SBI Savings Bank, by South Korea’s SBI Group, has deployed a new blockchain-based personal authentication service. Called SBI Simple Authentication, the service is now open to the public and was developed in cooperation with domestic blockchain startup Iconloop. дальше »
2019-4-2 10:37
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Massive Bitcoin Exchange Hack Exposes Bithumb’s Arrogant Disregard of Security
In another blow to the crypto industry’s reputation, South Korean bitcoin exchange Bithumb was hacked again on Saturday morning. The hack marks the second time the exchange has been successfully penetrated in less than a year. дальше »
2019-3-31 20:30
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$20 Million Bithumb Hack Exposes Alarming Threat to Bitcoin Exchanges
Bithumb, the largest bitcoin exchange in South Korea alongside Upbit, has been hacked for around $20 million. The company said that user funds stored in crypto cold storage wallets were not hacked, but corporate funds were moved. дальше »
2019-3-31 21:45
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Central Bank of Korea Includes Research on CBDCs in Annual Report
The Bank of Korea has included mentions of CBDCs in its annual payment settlement report, also announcing a blockchain trial later in 2019
дальше »2019-3-27 17:44
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Samsung SDS President and CEO: Blockchain Can Improve Productivity in Manufacturing
The president and CEO of Samsung SDS has said that blockchain can improve productivity in manufacturing, and represents a new concept, not just new technology
дальше »2019-3-27 14:42
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Kakao May Integrate its Crypto Wallet into KakaoTalk
Kakao, the creator of Korea’s most popular messaging app, KakaoTalk, is reportedly making plans to integrate its proprietary cryptocurrency wallet into the messaging app and enable users to store their cryptoassets more easily, reports local news source, Fnews on March 18, 2019. дальше »
2019-3-20 16:00
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Crypto Winter Strikes Again, Leaves Gaping Hole In Bithumb’s Side
Crypto Startup Bithumb Slammed Since getting hacked in the middle of 2018, Bithumb, South Korea’s largest crypto asset exchange, has been struggling. The so-called crypto winter, which started to bare its fangs late last year,. дальше »
2019-3-20 07:00
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S Korean Startup Dunamu Launches Consortium-Based Blockchain Service Platform Luniverse
Dunamu, Inc. , a South Korean fintech startup and the operator of crypto-asset exchange Upbit, has announced the launch of Luniverse, a consortium-based blockchain service platform. Lambda256, Dunamu’s research arm, was responsible for the development of Luniverse and will be spun off as a subsidiary, Dunamu said on Tuesday. дальше »
2019-3-20 01:07
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Korean Crypto Sector Is Booming: Kakao Messaging App (44M Users) To Integrate Crypto Wallets
Kakao, South Korea’s biggest messaging app with over 44 million active users, is purportedly integrating a crypto wallet that… The post Korean Crypto Sector Is Booming: Kakao Messaging App (44M Users) To Integrate Crypto Wallets appeared first on Invest In Blockchain. дальше »
2019-3-20 23:34
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Report: Major South Korean Crypto Exchange Bithumb to Lay Off Up to 50% of Staff
Unconfirmed: major South Korean cryptocurrency exchange Bithumb is reportedly cutting up to 50 percent of its staff
дальше »2019-3-19 11:23
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Unconfirmed: South Korean Internet Giant Kakao to Integrate Crypto Wallet in Messaging App
South Korea’s Kakao will reportedly integrate its crypto wallet in its messaging app KakaoTalk, according to unconfirmed local media reports
дальше »2019-3-18 20:55
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Kakao’s Crypto Arm Rakes in $90 Million Through Members-Only ICO
In yet another sign that the Crypto Winter is beginning to thaw, fundraising in the industry is once again alive and well. Ground X Corp, which is the crypto arm of South Korea-based mobile giant Kakao, has raised a cool $90 million in a private coin offering and is targeting the same amount in yet another fundraising round expected to kick off this week, Bloomberg reports. дальше »
2019-3-12 20:08
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Kakao Follows $90M ICO With Fresh $90M Funding Goal
South Korean internet giant Kakao Corp has seen major success during its private initial coin offering (ICO) and will raise more funds this week. Kakao Doubles Down As Bloomberg reported March 10, Kakao, which confirmed it has raised $90 million from token sales, wants to double the figure to $180 million — and could even do so this week. дальше »
2019-3-11 14:00
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