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Samsung and theloop to develop CHAIN ID blockchain identification
25 Views • Jun 06, 2018
Description
According to decrypto.net, Samsung Pass is an identity management service that utilizes biometric authentication.
CHAIN ID is a blockchain identification system that lets people use the same certificate at any bank or securities company that belongs to the Korea Financial Investment Blockchain Consortium, according to Medium.
According to Medium, CHAIN ID is the first blockchain based joint authentication system designed from theloop's 'loopchain' blockchain engine.
It is currently being used by 11 securities companies in South Korea.
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