Korean Credit Card Giant to Integrate Blockchain Identity Service
South Korea’s largest credit card company is set to use a blockchain identity solution developed by local bitcoin startup Coinplug. The service will be based on what Coinplug calls FidoChain, a “private blockchain technology” aimed at providing a distributed means of verifying and maintaining digital identities. KB Koomkin Card, a subsidiary of KB Koomkin Bank, plans to complete its integration by the end of this year. The startup has been working in the area of digital identity for some time, netting a $45,000 prize last year after submitting a prototype system based on the concept to a....
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