Korea’s Largest Telecom Operator Announces Blockchain Service For Asset Management

Cointelegraph

Published Apr 24, 2018 09:23AM ET

Updated Apr 24, 2018 10:32AM ET

Korea’s Largest Telecom Operator Announces Blockchain Service For Asset Management

South Korean telecommunications operator SK Telecom announced the release of an asset management service with Blockchain tech, as well as a platform for linking Blockchain startups with investors, local news outlet The Korea Herald reports today, April 24.

According to Oh Se-hyeon, the executive vice president of the telecom operator’s Blockchain division, “the service will allow users to manage all bank accounts, credit cards, mileage points and other non-financial assets, including cryptocurrencies, in one basket, and enable transactions of the assets based on trust.”

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