South Korea intends to provide residents with smartphones with a digital identity protected by blockchain to enhance economic growth by integrating into the world’s most innovative community. In the future, digital IDs will be integrated as applications within mobile devices, operating similarly to conventional resident registration cards, based on a report from sources on October 17. Smartphone-Implanted Digital IDs Smartphone-implanted IDs are one of the latest innovative sorts of developing technologies that support a growing digital economy as more individuals operate from home, use cashless transactions, and discover the metaverse. Digital IDs make it easier to verify identities online by eliminating the The post South Korea To Offer Blockchain-Based Digital IDs To People By 2024 appeared first on Cryptoknowmics-Crypto News and Media Platform.
