SK Telecom Launches Blockchain Wallet For Administrative Documents

South Korean giants SK Telecom has announced a wallet's launch to store administrative documents on the blockchain. A wallet to store Korean administrative documents As local news outlet NewsTomato explains, the wallet will be used to host certificates that prove that a Koran citizen has administrative documents. This may include health information, Proof of address, insurance certificates, National ID, etc. Once stored in the company’s blockchain wallet, document certificates can be released to institutions that need them. The telecoms firm…

KT Corporation Launches Its Blockchain-Based Platform for Contracts

KT Corporation, the giant South Korean telephone company, has launched a platform for contracts dubbed KT Paperless. The blockchain technology-based KT Paperless will be a document integration platform that will allow its users to formulate and distribute contracts. It will serve as their storage point from where they can see activities such as opening, signing, or alterations on the contracts, using the timestamp technology. Users can also confirm whether they sent documents, confirm the receipt and viewing times, and notices…