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Found 6 results in 843 milliseconds.

SK, Naver, Kakao compete for central bank's digital currency project

News | Cryptocurrencies | 13 Jul 2021

SK, Naver, and Kakao have engaged in a competition to become the partner of Bank of Korea (BOK) for a project to issue and circulate a central bank digital currency (CBDC) virtually to test whether it can be used successfully, according to The Korea Times.

CBDC, blockchain, central bank

South Korean bank builds pilot platform for CBDC

News | Cryptocurrencies | 11 Mar 2021

Shinhan Bank has built a pilot platform for a potential South Korean central bank digital currency (CBDC) with assistance from LG CNS.

blockchain, CBDC, digital currency, central bank, cryptocurrency

LG integrates AI facial recognition in blockchain digital currency payments

News | Digital Identity, Security & Online Fraud | 24 Apr 2020

South Korea-based LG’s software subsidiary, LG CNS, has unveiled a facial recognition service that combines AI and blockchain to make payments in digital currencies. 

LG, LG CNS, South Korea, facial recognition service, AI, blockchain payments, digital currency, facial recognition device, community currency, contactless payments, COVID-19, pandemic, smart card

Blockchain network from Kakao to be 15x faster than Ethereum

News | Cryptocurrencies | 10 Jul 2019

Kakao, a South Korean messaging app provider, has claimed that its recently launched Klaytn blockchain network is up to 15 times faster than Ethereum.

Kakao, messaging app, blockchain, Ethereum, transaction speed, South Korea

LG subsidiary opts for blockchain platform

News | E-invoicing, SCF & E-procurement | 15 May 2018

LG CNS, the IT subsidiary of South Korean electronics company LG, has developed their own blockchain service called Monachan.

LG, LG CNS, South Korea, blockchain, supply chain finance, digital authentication system, digital certification, digital supply chain management

LG to focus on blockchain technology

News | Cryptocurrencies | 30 Jun 2017

LG CNS, an IT subsidiary of Korean LG Corporation, has announced it has started to focus on blockchain technology.

LG, blockchain, Korea, cryptocurrency, distributed ledger software, Corda