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ICONLOOP, “Korea’s leading enterprise blockchain technology company,” is working on a mobile driver’s license built on blockchain technology, according to a press release from the group.
This will be developed under a regulatory sandbox, the release notes. This will allow it to “test its Decentralized Identity (DID) technology on mobile driver’s licenses with the goal of better preventing forgery and protecting personal data.”
Speaking on the matter is Jonghyup Kim, CEO of ICONLOOP, who said:
“ICONLOOP emphasizes the self-sovereignty of personal data. The authentication processes that previously existed offline in the form of physical cards are now online via mobile apps like Zzeung, making it possible for users to manage their own authenticated information. We are happy to work closely with regulators in South Korea to support efforts to responsibly manage and protect citizens’ personal data through advances in technology.”
The release describes what mobile driver’s licenses are for:
Mobile driver’s licenses are one of many use cases for ICONLOOP’s DID technology, which is already being used by the government of Jeju Island for contact tracing, and by online recruiting company SaraminHR to authenticate job applicants’ credentials. DID technology offers significant advantages to both organizations and end users in maintaining the safety of personal data.
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