• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Industry News

A million South Koreans embrace blockchain driver licenses

Kelvin Maina by Kelvin Maina
August 13, 2020
in Industry News
2 min read
blockchain driver licenses
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

South Korea has recorded an uptick of drivers embracing blockchain driver licenses since its launch in May, registering over one million drivers for the service. The enrollment into the digital licenses accounted for over 3 percent of the country’s 32.6 million registered drivers in the country.

The blockchain driver licenses will make use of the PASS smartphone app, which will allow traffic police to identify drivers through scanning barcodes or QR codes.

Background of the blockchain driver licenses

The project was conceived in 2019 when the nation’s Ministry of Science and ICT approved the use of blockchain as a replacement for the plastic card drivers licenses. The project saw three of the largest mobile carriers, SK, KT, and LG U+, come together and collaborate with the ministry in launching the country’s first blockchain driver verification system.

In May this year, the project was finally completed and rolled out to the public, by the ministry, mobile carriers, and the Korea Road Traffic Authority. By the end of last month, the project had gained popularity in the country with over a million people embracing the use of technology for driver’s license verification over the current plastic cards. Chauffeurs in the country have also embraced the technology, with 27 license screening system in Korea adopting the technology.

RelatedPosts

How PKT Cash Provides an Economic Incentive for People to Connect Bandwidth to the Decentralized PKT Network

ETH popularity on YouTube exceeds that of Bitcoin

Bitmain spin-off Matrixport records $10 billion in AUC

BSC PancakeSwap flips Uniswap in transaction volume

Alternative for an ID when purchasing products

Application for the blockchain driver licenses is also opening doors for other areas to use the technology for verification. Just like the plastic driver’s licenses, these digital licenses will also be used to verify a person’s age, therefore used as an alternative for an ID when purchasing products in stores such as alcohol or cigarettes.

Industry players have also expressed their optimism with the technology and have started adopting it for their businesses. Rental vehicle firms and restaurants are exploring possibilities of using the technology in their day to day running of their businesses. Shared trips services are also investing in technology as a means of verification for their clients.

Kelvin Maina

Kelvin Maina

Kelvin Maina is a computer science graduate who has a strong interest in cryptocurrency. He also enjoys reading fictional novels and swimming. He has over five years of experience in the software engineering industry and understands the current technology trends around the world.

Related Posts

How PKT Cash Provides an Economic Incentive for People to Connect Bandwidth to the Decentralized PKT Network 1
Industry News

How PKT Cash Provides an Economic Incentive for People to Connect Bandwidth to the Decentralized PKT Network

April 12, 2021
ETH popularity on YouTube
Industry News

ETH popularity on YouTube exceeds that of Bitcoin

April 10, 2021
Bitmain spin-off Matrixport records $10 billion in AUC
Industry News

Bitmain spin-off Matrixport records $10 billion in AUC

April 9, 2021
BSC PancakeSwap flips Uniswap in transaction volume
Industry News

BSC PancakeSwap flips Uniswap in transaction volume

April 9, 2021
Crypto traders on Robinhood increased by 450% in Q1
Industry News

Crypto traders on Robinhood increased by 450% in Q1

April 9, 2021
Undertaker
Industry News

Wrestling champion Undertaker NFT set to launch

April 9, 2021

Follow Us

  • 51k Fans
  • 8.3k Followers

Latest News

Binance coin

Binance coin surges as Nasdaq prepares for Coinbase listing

April 12, 2021
Chainlink Price Prediction 2021-04-12

Chainlink price prediction: Chainlink continues trending higher, preparest to test resistance at $35

April 12, 2021
Binance Coin price

Binance Coin price prediction: BNB to face rejection at $600 as bulls stumble

April 12, 2021
Ripple Price Prediction 2021-04-12

Ripple price prediction: Ripple retraces after setting ATH at $1.50, further downside expected today

April 12, 2021
How PKT Cash Provides an Economic Incentive for People to Connect Bandwidth to the Decentralized PKT Network 2

How PKT Cash Provides an Economic Incentive for People to Connect Bandwidth to the Decentralized PKT Network

April 12, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker
Sitemap

Exclusive Partners of

Footer 3

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.