Bitcoin Cash

South Korean Banks using blockchian - BCH AI/ML Sign

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South Korean banks are using blockchain technology to launch the next-generation digital identification system in July 2018. The Korean Federation of Banks (KFB), called BankSign, is a conglomeration of national and regional banks. The joint effort utilizes Samsung’s enterprise blockchain solution, Nexledger. The new identification system will seek to replace the labor-intensive steps of physical documentation. Users will have an improved verification process for mobile and online banking.

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