SK Telecom has launched a blockchain solution for storing documents

South Korean telecommunications giant SK Telecom announced the launch of the system on the blockchain for storing and managing digital state certificates.

The decision of the SK Wallet received the approval of the Ministry of Public Administration and Security of South Korea. It supports storage and management of electronic certificates, which issues departments.

The new system allows you to store digital copies of registration cards of residents of the country and documents on medical insurance, Immigration evidence, as well as other documents, which were previously issued on paper.

Now they will be produced and stored in digital form, and access will be provided through a mobile application. SK Wallet also allows you to send documents to state and private institutions.

At the initial stage, SK Telecom will support 13 types of electronic documents, But in the future it is planned to increase the list to 100 Names of documents, Including tax extracts.

“Blockchain is a very important technology for society, since it is able to quickly develop and be applied in solutions without personal presence, there, where innovations are needed in the process of submitting and processing documents ", - noted the head of SK Telecom on the blockchain and certification of business about Che Hyun (Oh se-hydr).

Previously reported, that more than a million South Korean drivers refused to carry a driver’s license with them-access to the data is provided by the PASS blockchain application for smartphones.