Commuters stand on a platform as they wait to board a Korea Train Express in Seoul on October 14, 2022. Photo: AFP
Commuters stand on a platform as they wait to board a Korea Train Express in Seoul on October 14, 2022. Photo: AFP
Blockchain

South Korea plans blockchain-based digital IDs, joining other technologies aimed at boosting the economy

  • Citizens with smartphones will be able to use the digital IDs in the country, which ranks No 1 in applying technology to everyday life, business and government
  • Korea could reap at least US$42 billion, or 3 per cent of GDP, in economic value within a decade, according to the digital-government bureau

Commuters stand on a platform as they wait to board a Korea Train Express in Seoul on October 14, 2022. Photo: AFP
Commuters stand on a platform as they wait to board a Korea Train Express in Seoul on October 14, 2022. Photo: AFP
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