SouthKorea blockchain digitalID adoption South Korea plans to replace physical IDs with blockchain-based IDs by 2024
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!
The new digital IDs are expected to launch in 2024, and the government plans to have up to 45 million citizens registered with the new technology within two years. The new program will be beneficial for businesses that haven’t fully completed the transition online, according to Suh Bo Ram, director-general of Korea’s Digital Government Bureau, who said that “Every service that hasn’t been able to fully transition online will now be able to do so.”
This would be achieved thanks to a reduction in payroll fraud, time saved on administrative work, an expansion of consumer credit, increased trade and the creation of new markets.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
BTS members will serve in South Korea’s military, K-pop agency saysThe members BTS will serve their mandatory military duties under South Korean law, their management company said Monday, effectively ending a debate on whether they should be granted exemptions because of their artistic accomplishments.
اقرأ أكثر »
Agency says BTS members will serve in South Korea's militaryThe members of K-pop band BTS will serve their mandatory military duties under South Korean law, their management company said Monday, effectively ending a debate on exempting them because of their artistic accomplishments.
اقرأ أكثر »
Newsletter - North and South America
اقرأ أكثر »
BTS members will serve military duty in South Korean armyK-pop group’s oldest member, Jin, will be the first to join the military and faces the imminent prospect of a full stint
اقرأ أكثر »