Korean authorities experiment with blockchain-based identity application
Korean government authorities are experimenting with the use of blockchain technology to create a digital identification system for citizens.
The solution is called B PASS and, as Tech Wire Asia reports, it is based on the concept of Decentralized Identity, or “DID.” Essentially, the goal is to store citizen data on a blockchain ledger; the data is therefore not stored in a central database, but through a distributed network.
The solution is available as an app for residents of Busan, a “blockchain-free zone” and a hotbed of innovation for smart cities in the country. Authorities aim to integrate B Pass functionality into a number of areas including public transport, healthcare and even retail, with Tech Wire Asia reporting that it can be used to access ‘unmanned convenience stores’ .
âWe want people to ‘feel’ and experience blockchain technology in their daily lives with services such as access to public institutions, public library cards, transportation, etc.,â a representative from B PASS explained. to publication.
Sentiments aside, the blockchain-based DID approach offers a number of tangible benefits. One of the main ones is that it could practically eliminate the use of fake credentials, as it is not possible to tamper with the data ledger distributed on the blockchain – not without being noticed.
End-user data, on the other hand, is encrypted and stored on their mobile device, rather than in a central database. This would theoretically eliminate the possibility of data breaches in which sensitive personal information would be lost to hackers.
B PASS was developed by private blockchain specialist Coinplug, and is built on the self-sovereign identity blockchain metadium, according to the report.
Source: Tech Wire Asia