South Korea’s Largest Telecom Operator KT Corporation, Introduces Its Blockchain Network

South Korea's Largest Telecom Operator KT Corporation, Introduces Its Blockchain Network

State-owned KT Corporation, South Korea’s largest telephone company, has announced the launch of its blockchain-powered commercial network. The firm has built a blockchain layer on top of its existing nationwide network in order to make it “more secure and transparent.” With its new network, KT plans to allow its individual … Read the rest

Singapore Airlines Partners With Microsoft To Develop A Blockchain Based – Loyalty Wallet

Singapore Airlines Partners With Microsoft To Develop A Blockchain Based - Loyalty Wallet

Singapore Airlines (SIA) has launched its own airline loyalty digital wallet that uses blockchain technology. The software has been co-developed by Microsoft and KPMG Digital Village, according to the press release. The new wallet; dubbed ‘KrisPay’ after SIA’s ‘KrisFlyer’ loyalty programme, converts frequent flyer miles into digitized ‘KrisPay … Read the rest

Researchers Believe That Scalability Is The Biggest Barrier For Mass Adoption Of Blockchain Tech

Researchers Believe That Scalability Is The Biggest Barrier For Mass Adoption Of Blockchain Tech

While you’d find plenty of forward-thinking businesses accepting Bitcoin out there, cryptocurrency payments largely remain on the brink of mainstream adoption. In a report titled Cryptocurrencies: Overcoming Barriers to Trust and Adoption, Imperial College researchers William Knottenbelt and Zeynep Gurguc posit that digital currencies are slated to become a … Read the rest