South Korea’s Shinhan Credit Card Company has obtained a patent on “Blockchain Credit Settlement System” in South Korea

On July 15, South Korea’s Shinhan Credit Card Corporation Shinhan Card said it had obtained a patent on “blockchain credit settlement system” in South Korea. The system can embody the credit transaction process on the blockchain. It is reported that Shinhan Card is currently applying for patents in the United States, Japan, China, the European Union, Vietnam, Indonesia and other regions.