May 29, 2019 at 12:43
News
Shinhan Bank Unveils a Blockchain System for Loan Approval
The oldest and second biggest banking institution, Shinhan Bank, headquartered in Seoul, South Korea, has adopted blockchain authentication technology for non-face-to-face loans in order to accelerate the loan approval process. The institution, owned by Shinhan Financial Group, announced that it has launched an effective system which validates the documents needed for non-facing loan business in the country by applying blockchain and distributed ledger technology.
Apr 18, 2019 at 08:21
News
North Korea Plans on Using Bitcoin to Bypass Sanctions
A recently published report by the Royal United Services Institute (RUSI) for Defense & Security Studies, shows how DPRK - Democratic People’s Republic of Korea (North Korea) wants to exploit Bitcoin and other major cryptocurrencies, especially in Southeast Asia, so as to bypass international economic sanctions.