Identity solutions remain among the greatest obstacles toward the mass adoption of cryptocurrencies. KYC, Knowing Your Customer, is a business standard widely practiced in the United States. It proves to be among the strictest regulations. While KYC advanced old security protocols in terms of fraud protection, it’s actually a limited concept given the available technology of today.
Congratulations to South Korea. One of the first countries to use this technology. It is amazing that documents such as driver's license or Identity Card are made with blockchain. Congratulations on the EOS system. they are on the way to become a leader in their own lane by using this technology in different fields.
These items that we use a lot during the day will now be with this technology and everyone will know the usability of the blockchain. It is being used in more and more areas every day.
I envy Korean citizens. countries both support crypto and begin to use blockchain technology. Blockchain departments were opened at the university, I definitely want to study in that department because it is a future technology that has a very open future.
Korea has always been the land of technology and innovation.
In this way, they are superior to other countries in many respects.
It is a very good innovation that our documents are on the blockchain. Congratulations to Korea, this is just a start, and taking their place as a pioneer will bring great improvements to them.
South Korea is aware of anything, they have been gradually accepting the blockchain technology throughout years. Now they are ahead of most of the countries in terms of everything. Besides from the financial values, they also care about the technology and innovations.
They aren't like other developed countries, and I believe their actions will take them one step closer in this race of countries. Thanks for the article!
After reading EOS Weekly i was really excited to know more about this and went to find some articles but didn't find any article describing it totally hut thanks to you for posting this Article ;)
South Korea is doing a very right thing by accepting Blockchain technology because all the other countries are underestimating Blockchain Technology and this movement can inspire other countries to implement the same technology as South Korea is Doing now .
Congratulations to Korea for being one of the first countries to use this technology. And it's great that Blockchain is so multifunctional. I am happy that its use is gradually increasing.
Cryptocurrencies are popular investments among South Korea's younger generation, who see them as a path to prosperity in the context of consistently high unemployment.
South Korea has long been an early adopter of new technologies, and there is a culture that allows people to quickly adopt new technological innovations and opportunities.
Cryptocurrencies are stateless investments that appeal to South Korean investors who are wary of the political climate and their proximity to the threat posed by North Korea.
Yeah, I remember, it's been bestowed on South Korea before. About driver's licenses.
This is a terrific innovation. The Blockchain network is compatible with everything. You can also set up a hospital system using the Blockchain network. Or an agricultural system or a banking system.
Here's the best part. It all depends on your imagination. If you want, you can make a game, if you want, a driver's license. That's crypto! It's completely free. Its boundaries are equivalent to your imagination. Blockchain can afford to do everything your imagination can afford.
Driver's license or any transition start is great.
It's a great step for the world, although it will cause certain problems for them to do this as a start. Problems will always arise, but they will always be solved. Because blockchain has that power.
Actually, it's like a blockchain tire. You can pull a little and do whatever you want. The best part is that it can give more tires when needed.
We are moving great. We've overcome fear, and there are problems with adaptation. After that, then this is the party.
Thank you for giving us current information and for your great article.
Congratulations to South Korea. One of the first countries to use this technology. It is amazing that documents such as driver's license or Identity Card are made with blockchain. Congratulations on the EOS system. they are on the way to become a leader in their own lane by using this technology in different fields.
These items that we use a lot during the day will now be with this technology and everyone will know the usability of the blockchain. It is being used in more and more areas every day.
Thank you for reading.
I envy Korean citizens. countries both support crypto and begin to use blockchain technology. Blockchain departments were opened at the university, I definitely want to study in that department because it is a future technology that has a very open future.
Korea has always been the land of technology and innovation.
In this way, they are superior to other countries in many respects.
It is a very good innovation that our documents are on the blockchain. Congratulations to Korea, this is just a start, and taking their place as a pioneer will bring great improvements to them.
Thanks for the article.
South Korea is aware of anything, they have been gradually accepting the blockchain technology throughout years. Now they are ahead of most of the countries in terms of everything. Besides from the financial values, they also care about the technology and innovations.
They aren't like other developed countries, and I believe their actions will take them one step closer in this race of countries. Thanks for the article!
It's great that Korea has taken such a step and stepped into such a technological revolution, this is just the beginning.
Getting a driver's license on the blockchain is a great first step.
I am sure that we will see dozens of innovations like this in the future.
because if there is a best solution somewhere, you use it.
The security and convenience that Blockchain provides is undeniable.
Korea, a country that has always been trusted and developing technology, still leads the way.
and the Korean administration should be congratulated for their foresight, seeing that the future is there.
Thanks for the great article.
After reading EOS Weekly i was really excited to know more about this and went to find some articles but didn't find any article describing it totally hut thanks to you for posting this Article ;)
South Korea is doing a very right thing by accepting Blockchain technology because all the other countries are underestimating Blockchain Technology and this movement can inspire other countries to implement the same technology as South Korea is Doing now .
Thanks Once Again 🔥❤️
Congratulations to Korea for being one of the first countries to use this technology. And it's great that Blockchain is so multifunctional. I am happy that its use is gradually increasing.
Thanks for the article.
Cryptocurrencies are popular investments among South Korea's younger generation, who see them as a path to prosperity in the context of consistently high unemployment.
South Korea has long been an early adopter of new technologies, and there is a culture that allows people to quickly adopt new technological innovations and opportunities.
Cryptocurrencies are stateless investments that appeal to South Korean investors who are wary of the political climate and their proximity to the threat posed by North Korea.
It will add a lot to EOS.
Yeah, I remember, it's been bestowed on South Korea before. About driver's licenses.
This is a terrific innovation. The Blockchain network is compatible with everything. You can also set up a hospital system using the Blockchain network. Or an agricultural system or a banking system.
Here's the best part. It all depends on your imagination. If you want, you can make a game, if you want, a driver's license. That's crypto! It's completely free. Its boundaries are equivalent to your imagination. Blockchain can afford to do everything your imagination can afford.
Eventually all our documents will be on the blockchain. Korea's leading the way.
Driver's license or any transition start is great.
It's a great step for the world, although it will cause certain problems for them to do this as a start. Problems will always arise, but they will always be solved. Because blockchain has that power.
Actually, it's like a blockchain tire. You can pull a little and do whatever you want. The best part is that it can give more tires when needed.
We are moving great. We've overcome fear, and there are problems with adaptation. After that, then this is the party.
Thank you for giving us current information and for your great article.
Have a nice day.
I'm all for personal documents on the blockchain. About 3 years ago was thinking why aren't blood donations on the blockchain?
Blockchain offers the world true independence.
South Korea’s leadership and openness is sure to become a model for that better world envisioned by Satoshi.
I believe that the better will dominate the future, and that is inevitable.
Instead of preventing it, we should help and pave the way.
Thank for the article.
We that system in America before the next election!
Nifty Gateway banned me beware! Inbox me on insta to discuss any articles Du5t1