Category: Korea Insider
New ID Ecosystems Emerge as Lawmakers Abolish Online Authorization Certificates
Many internet users in Korea rejoiced last week when lawmakers amended the Digital Signature Act...
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S. Korea May Soon Launch USD 390 Million Blockchain R&D Project
The South Korean government will decide — possibly by the end of the month — whether to proceed on a five-year, nearly USD 390 million project to develop blockchain technology.
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ICONLOOP Included in Gov’t’s Blockchain Trial Projects for 2020
The Ministry of Science and ICT and the Korea Internet Security Agency (KISA) announced last week their list of publicly led and privately led blockchain trial projects for 2020, which includes ICONLOOP.
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Value, Investment in Blockchain Climbs in 2019
South Korea’s blockchain industry had a pretty good 2019, with the value of and investment in blockchain companies climbing from the previous year.
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Will S. Korea Implement the Crypto Travel Rule?
South Korea may not implement the so-called “travel rule” right away.
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Golden Time in Blockchain is Now Says S. Korea
Talking with blockchain-related companies last week, Vice Minister of Strategy and Finance Koo Yun-cheol called the next two to three years a “golden time” in the global blockchain race.
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Untact Solutions and Local Currencies On The Rise
Korean-language blockchain media site Block Media recently took a look at how the COVID-19 pandemic is impacting the local blockchain industry.
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S. Korean DID Ecosystem — MyID Ahead in the Game?
Korean-language blockchain news site Block Media on Monday took a look at the current state of the MyID Alliance as part of a series on Korea’s big three DID networks.
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ICONLOOP to Help Develop New DID Standards
ICONLOOP, Samsung Electronics, SK Telecom have joined with the Financial Security Institute and financial institutions such as banks, securities houses, insurance providers and card companies to develop financial security standards for DID.
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See Which Grants ICON Has Approved
The ICON Foundation is now providing monthly grant updates to keep ICONists informed about which initiatives the foundation is funding with its Representative rewards.
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US$3.2 Million Pumping Into Korean Blockchain
The South Korean government will provide US$3.2 million in support to the country’s blockchain industry.
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Crypto’s Going Mainstream, But Still Much Work Ahead
Despite the passage of amended bills, don’t expect individual banks to start issuing many real-name bank accounts to crypto exchanges.
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