South Korea To Launch Decentralize Identity Verification Mobile App

South Korea To Launch  Decentralize Identity Verification Mobile App
Korean Firms To Launch All-In-One ID Verification App, Image Credit: ChromeInfotech
South Korean mobile carriers, smartphone makers and financial firms have joined hands to simplify & decentralize the cumbersome online ID verification process. Initially, this decentralize Id verification system will be launched on a trial basis this year.

The beauty about this project is that it will allow the organizations or institutions to verify an individual's identity without tangible documents like graduation certificate or employment offer letter & enable taking out loans or applying for jobs, through a single mobile app.


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