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Samsung Pass to incorporate CHAIN ID blockchain iden...

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  • 3 years ago
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RESTRICTIONS: Broadcast: NO USE JAPAN, NO USE TAIWAN Digital: NO USE JAPAN, NO USE TAIWAN
Samsung is partnering up with theloop to develop CHAIN ID in order to incorporate the blockchain identification technology into its Samsung Pass service.

Samsung Pass is an identity management service that utilizes biometric authentication, similar to Apple's Touch ID and Face ID.

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.


The system is currently being used by 11 securities companies in South Korea.


RUNDOWN SHOWS:
1. Samsung Pass integrating CHAIN ID
2. Iris scan and facial recognition depictions
3. CHAIN ID system being used at banks and securities companies
4. CHAIN ID designed with loopchain blockchain engine


VOICEOVER (in English):
"Samsung is partnering up with theLOOP to develop CHAIN ID in order to incorporate the blockchain identification technology into its Samsung Pass service."

"Samsung Pass is an identity management service that utilizes biometric authentication, similar to Apple's Touch ID and Face ID."

"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, CHAIN ID is the first blockchain based joint authentication system designed from theloop's 'loopchain' blockchain engine."


SOURCES: Medium, Decyrpto.net
https://medium.com/helloiconworld/chan-id-developed-using-loopchain-to-be-used-in-samsung-pass-service-69669928369d
https://medium.com/helloiconworld/icon-koreas-online-banking-security-gets-first-upgrade-in-almost-20-years-4d36f5ac31f1
https://decrypto.net/2018/05/samsung-pass-to-use-theloops-chain-id/


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