Tag Archives: KT Corp

‘Big Four’ South Korean Bank Enters Blockchain Pact with Telecom Giant KT

Advertisement South Korea’s second-largest bank Shinhan Bank has entered into a partnership with the country’s second-largest telecoms provider KT Corp for the purpose of developing a new blockchain-based platform. The Korea Times reports that the new platform is intended to build on recent moves by regional governments across the country to introduce digital vouchers. Useful Competencies In July,… Read More »

South Korean Mobile Telecom Giant Launches 2,500 Txns/s Commercial Blockchain

Advertisement KT Corp may only be the second-biggest mobile carrier in South Korea, but the telecommunications firm is reportedly the first in the world to launch a blockchain-based commercial network. According to The Korea Herald, KT Corp’s blockchain network will initially have the capacity to handle 2,500 transactions per second. Before the end of 2018, however, the capacity… Read More »