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BMW Rolls Out Blockchain-powered Token Rewards Platform in South Korea
8.10.2020
Source: Adobe/bizoo_n
BMW Korea has launched a blockchain-powered “lifestyle” platform that rewards South Korean car owners with tokens they can redeem against flight tickets and maintenance payments.
Per Aju Kyungjae, BMW Korea stated that the platform, named BMW Vantage, would be "launched...
BMW Korea trials a blockchain-powered rewards program ahead of global launch
7.10.2020
The car manufacturer is trialing the new blockchain system, which offers customers tokenized loyalty points, before its potential rollout worldwide
Officials voiced privacy concerns over China’s blockchain-powered hospital
4.10.2020
Despite pushing for greater blockchain implementation, privacy was a sticking point for some officials
Chinese Internet-based, Blockchain-powered Hospital Set to Open in 2021
2.10.2020
Chinese health chiefs has put its plans to launch an internet hospital on ice for a few months – to allow operators the time to add a wide range of blockchain technology-powered innovation.
Per Cn-Healthcare, the First Affiliated Hospital of Dalian Medical University, a leading hospital in Dalian...
Shenzhen’s stock exchange is preparing to launch Blockchain-powered trades
1.10.2020
Chinese exchanges are becoming increasingly blockchain-friendly
South Korean Bank NH Launches Blockchain-powered Document Wallet
29.9.2020
South Korean financial services provider Nonghyup (NH Bank) has begun issuing over a dozen forms of digital certificates using a blockchain-powered system and an e-wallet that will be able to hold hundreds of types of blockchain-verified forms of authentication.
Per the Electronic Times, the bank’s...
South Korea to Fund Blockchain-powered Platform for Apartment Dwellers
16.9.2020
The South Korean government has pledged USD 1.27m in funding for a contact-free, blockchain-based services platform for apartment residents in the country – which operators say will allow residents to take part in electronic voting, manage parking spaces, and more.
Per ZDNet Korea, the South Korean...
Vale Makes Blockchain-powered Iron Deal with Chinese Firm + More News
4.9.2020
Iron ore. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Brazilian mining giant Vale has completed its first blockchain-powered iron ore sale to Chinese steel giant Nanjing Iron...
Shanghai Initiates Blockchain-powered 'Cultural Tourism'
3.9.2020
Shanghai’s busy central Jing’an District will make use of a WeChat platform to issue blockchain-powered “cultural tourism” vouchers that can be redeemed for book purchases, streaming services, cinema tickets and more.
Per China Email, the vouchers will be distributed on a WeChat widget platform...
5 Chinese Banks to Build Blockchain-powered Trade Platform + More News
31.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
The China Banking Association (CBA), a self-regulating organization that represents China's banking sector, will team up with...
China: Bank to Launch Blockchain-Powered Int’l Trade Platform + More News
27.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain News
Chinese financial institution Wuxi Rural Commercial Bank has launched the Jiangsu Province’s first blockchain-powered cross-border...
Samsung to Link its Crypto Wallet to SK’s Blockchain-powered ID App
25.8.2020
Source: Adobe/S_E
Samsung smartphones equipped with the Blockchain Keystore crypto wallet function will be able to support the world’s first decentralized ID (DID) solution, after the handset maker struck a deal with South Korean telecoms firm SK Telecom.
The partnership means that users in South...
LG CNS Blockchain-powered Sales Up 12%, More Projects Planned for H2
17.8.2020
Industry 4.0 and blockchain technology-related sales have helped boost the sales performance of LG CNS, the IT services arm of the LG Group – despite an overall drop in profits caused in part by the coronavirus pandemic.
Per media outlet Seoul Kyungjae, LG CNS reported a drop in sales of over...
A Million South Koreans Now Using Blockchain-powered Driver’s Licenses
13.8.2020
Over 1 million South Koreans have traded in their plastic driver’s licenses in favor of a blockchain-powered, police-issued smartphone-based digital alternative.
Per Daily Kyungjae, the initiative allows drivers to identify themselves to police using barcodes or QR codes, as well as...
World's Largest Utility Firm to Debut Blockchain-powered Digital ID Platform
13.8.2020
A local branch of the State Grid Corporation of China (SGCC) – the nation’s electricity monopoly and the biggest utilities firm in the world – said that it has developed a blockchain technology-powered digital identity authentication system.
Per Shupeidian, the Anhui Province branch of the SGCC...
South Korean’s Silicon Valley Turns to Blockchain-powered Pay
11.8.2020
Seongnam, a major satellite city on the outskirts of the capital Seoul, South Korea, is set to expand its blockchain-powered payment program with a new digital gift certificate issuance project.
The new platform will make use of an app called Chak, and will be built by the Korea Minting...
South Korean Highways Will Have Blockchain-Powered Toll Payments
9.8.2020
One of the biggest commercial banks in South Korea has partnered with the Korea Expressway Corporation for a blockchain-based toll system
Telecom Giant Says ‘Local Stablecoins, Blockchain’ Powered 19% Growth
8.8.2020
Executives of KT Group in Seoul. South Korea is just one of the countries currently reeling from the effects of the coronavirus pandemic, with economic growth down in most sectors. But one industry – telecommunications – is booming. And blockchain-powered local stablecoins appear to be helping...
Chinese Banks Set to Adopt Blockchain-powered Forfaiting Platform
7.8.2020
The China National Clearing Center (CNCC), the Chinese central bank's settlements and clearing arm, is set to work with three major banks to foster a blockchain-powered forfaiting trading platform – aimed at boosting the efficiency of export financing.
Per Sina, the CNCC has sealed a deal that also...
Tencent to Co-launch Blockchain-powered Wine Traceability Platform
1.8.2020
Source: Adobe/Ekaterina_Molchanova
Chinese tech giant Tencent has unveiled a wine traceability platform using blockchain technology – in conjunction with the nation’s biggest and oldest wine producer.
Per the China News Network, Tencent’s deal with China's biggest winery, Changyu, will be...