Korea will open blockchain identity certificate for bank account opening business

According to the Science and Technology Daily, the Korea Financial Clearing House announced on October 14 that it will commercialize distributed identity verification (DID) based on international standards within this month. At that time, you can use distributed identification to handle financial services such as bank account opening, which can be done remotely without the need to present an ID card. Users can obtain distributed identity certificates by performing a real-name authentication at a financial institution or a public certification authority. Proof that the issuing organization uses blockchain technology to store the user's personal information. The Financial Clearing House said that 30 financial companies, including six banks, are preparing for distributed identity certification services. Financial enterprises that have completed the development of internal computing systems will be the first to start services in late October.