Saturday, October 26, 2024
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Leading South Korean telecom firm adopts blockchain for carbon ambitions

A major South Korean telecommunication company, KT Corp, has outlined plans to create a fully electronic documentation service, utilizing blockchain technology to contribute to environmentally conscious ambitions.The telecommunications firm currently provides around 90% of the nation’s fixed-line mobile networks, as well as a further 45% of broadband high-speed internet services.

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Swiss Telecom Firm Swisscom to Become Chainlink (LINK) Node Operator

Another day, another Chainlink (LINK) node operator enters the foray. Swisscom to Become Chainlink Node Operator Swiss telecommunications giant Swisscom today announced it will join Chainlink’s decentralized oracle network in the capacity of a node operator. In the announcement made today, Swisscom made its intentions clear of entering the rapidly expanding decentralized finance

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South Korean telecom launches blockchain wallet for official documents

The South Korean telecom giant SK Telecom has announced it will issue its first digital wallet for blockchain-powered digital certificate storage and management with the approval of the Ministry of Public Administration and Security.According to NewsTomato, SK’s Wallet is compatible with the ministry’s own Government24 digital certificate initiative, which promotes

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Major Argentine Telecom Falls Victim to $7.5M Monero Ransomware Attack

Telecom, Argentina's largest telecommunications company, has fallen victim to a ransomware attack. Hackers are demanding $7.5 million in Monero (XMR) — an amount that will rise to $15 million if the company does not pay within 48 hours.Argentina's major telephone company, Telecom, just got hacked. Hackers requesting a ransom of

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Top Telecom Operators Tap Into Clear’s Blockchain Financial Settlement Solution — Deutsche Telekom, Telefónica, And Vodafone Are Now Calling On Operators To Join Them In Creating A New Frictionless Ecosystem

Deutsche Telekom, Telefónica, and Vodafone, three of the world’s largest telecommunications companies, have successfully finalized a trial automated settlement of roaming discount

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Telecom Giant Thinks Blockchain Can Make Phone Insurance More Convenient

South Korean telecommunications firm, SK Telecom, announced a blockchain-based document submission process for mobile phone insurance. This new protocol will do away with the company’s current antiquated paper processing methods.Before now, users had to visit a technical repair office to receive insurance benefits for damaged phones, according to Itbiznews. Successful

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NEM Partners with Israeli-Lithuanian Telecom Startup on Cell Phone Security

NEM, one of the oldest peer-to-peer blockchain networks, has partnered with Israeli-Lithuanian telecom startup FIX Network to increase security and data protection for cell phone users and to solve the issue of SIM swapping. FIX Network will implement SYMBOL from NEM’s enterprise-grade blockchain into its existing cellular infrastructure. The goal

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