Live 🔴 ►【HD Streaming】- South Korea’s bank enter partnership for the development of a blockchain based security system – FXStreet
Shinhan Bank is the oldest bank in South Korea, they have announced partnering with two companies, as they are keen to develop a blockchain security system. It will be working with Ground X and Hexlant for the noted development, as reported by TheKoreaTimes. The oldest bank in South Korea, Shinhan Bank, has partnered with two other companies for the development of a blockchain-based security solution. Shinhan bank are set to enhance security with blockchain, which was detailed within a report published by TheKoreaTimes. Shinhan Bank has signed a memorandum of understanding with financial technology startup Ground X and blockchain developer Hexlant for the development of a blockchain security system. In terms of the deal, it will see the institution’s partners jointly developing a Private Key Management System for its banking services. Ground X is the blockchain unit of South Korean messaging giant Kakao, and are expected to be proving a blockchain-based platform. H...
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