Customers / Partners
South Korea's largest bank joins Hedera Governing Council
Shinhan Bank plans to use Hedera’s infrastructure to bolster the efficiency of many of its internal processes.
a month ago
South Korea’s largest bank adopts blockchain based identity
Today South Korea’s Shinhan Bank announced it has started to deploy a blockchain-based decentralized identity (DID) solution. Initially, the identity will be used to change the login method for online banking, but there are plans to use it for know your customer and more. Clients can submit personal information using Shinhan’s mobile banking application, SOL, and the...
9 months ago
Korea’s Hancom and Shinhan Bank collaborate for digital assets
Yesterday, South Korean software giant Hancom entered a partnership with Shinhan DS, the IT services unit of Shinhan Bank, to build a blockchain-based digital asset management platform. Shinhan Bank is the second-largest commercial bank in South Korea, with a market capitalisation of $14.5 billion. As of 2018, it had total assets of KRW 459.6 trillion...
a year ago
Korea’s Shinhan Bank to build blockchain platform for SME loans
Today, Korean media outlets reported that Shinhan Bank has partnered with the Small Business Market Promotion Corporation (or SEMAS) to build a loan management platform based on blockchain. The platform will streamline verification for SMEs applying for institutionally subsidized loans. Korea’s ‘policy loans’ are aimed at small businesses to provide them with lower interest rates...
2 years ago
Major Korean Banks Join Government-Backed Blockchain ID Initiative
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data.
2 years ago