SEOUL, Jul. 5 (Korea Bizwire) — South Korean credit card company BC Card is adopting KT’s blockchain-based electronic signature capture system (ESC), a world’s first, which could slash the time spent processing electronic signatures by up to 70 percent. The collaboration between the South Korean telecom giant and BC Card will see the blockchain technology, which [...]
PARIS, Jun. 8 (Korea Bizwire) — Stratumn, a leading provider of network solutions securing processes between enterprises and their stakeholders through blockchain technology and advanced cryptography, announces today the raising of €7M in a series A funding from Open CNP, the Corporate Venture arm of CNP Assurances, Otium Venture, Nasdaq and Digital Currency Group. Less [...]
SEOUL, May 17 (Korea Bizwire) – SK C&C is launching a new physical distribution service which uses a distributed database system called a blockchain, the company announced yesterday. Blockchain is a groundbreaking technology that allows users to keep a record of all their transactions transparently, in linear and chronological order. Instead of saving information on a [...]
SEOUL, April 6 (Korea Bizwire) – Samsung SDS Co., an IT arm of South Korea’s top conglomerate Samsung, announced Thursday it will begin full-fledged steps to tap the blockchain industry, which has been emerging as one of the key technologies for new growth engines. Samsung SDS announced it has developed “Nexledger,” a blockchain platform developed [...]
ARMONK, N.Y., Apr. 4 (Korea Bizwire) – IBM (NYSE: IBM) today identified three key elements of enterprise blockchain adoption that c-suite leaders should consider when evaluating the technology for business use. Blockchain, or distributed ledger technology, is quickly making its way into the enterprise, potentially becoming as revolutionary a technology for business transactions as the internet was for communications [...]
NEW YORK, Mar. 14 (Korea Bizwire) — Today, the world’s first guaranteed advertising contract exchange – NYIAX (New York Interactive Advertising Exchange) – was announced. The new exchange will operate on Nasdaq’s world-renowned technology and leverage the Nasdaq Financial Framework architecture. NYIAX will be the first exchange to be deployed in the cloud and also [...]
GEYONGGI, SOUTH KOREA, March 6 (Korea Bizwire) — The Gyeonggi provincial government has announced a plan to adapt blockchain technology for transparency where charitable donations are concerned. Blockchain is a groundbreaking technology that allows users to keep a record of all their transactions transparently, in linear and chronological order. “Working closely with charities and experts, we’ll develop [...]
SEOUL, Jan. 10 (Korea Bizwire) – South Korea’s financial authorities on Tuesday announced a plan to launch a full-scale pilot project this year on blockchain-powered financial services. South Korea, known for its ICT prowess, has accelerated its drive for capitalizing on the new platform. Blockchain is a key technology for the digital currency bitcoin enabling [...]
SEOUL, Dec. 12 (Korea Bizwire) – Bitcoin – once hailed as the world’s digital currency of the future – is gradually waning in popularity. According to the Financial Supervisory Service, the amount of bitcoin in circulation at three of Korea’s largest bitcoin exchanges was 1.49 million from January to October this year, a number that [...]
SINGAPORE, Nov. 14 (Korea Bizwire) — Overstock.com, Inc. (NASDAQ:OSTK) CEO Patrick M. Byrne will present the blockchain-based asset trading platform developed by the company’s financial technology subsidiary, t0.com, Inc. The software demo will take place at the prestigious Global FinTech Hackcelerator, organized by the Monetary Authority of Singapore. t0 is one of just 19 firms, [...]