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    News in brief

    Blockchain authentication for mobile transactions

    News in brief

    South Korea’s KB Kookmin Card is working with Bitcoin exchange service startup Coinplug to release a blockchain-based personal authentication service for mobile transactions next month, Pulse reports. It will first be implemented in its mobile credit card app, simplifying the current system that requires additional personal authentication steps for logging in, registering a new credit card and for making mobile payments of 300,000 won (US$264.08) or above.

    Filed by Email Christopher Brown Published • Last updated 24 October 2016, 15:13

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