South Korea’s largest telecom could bring blockchain to 38M people



sk planet icon foundation icx cryptocurrency partnership 796x448 - South Korea’s largest telecom could bring blockchain to 38M people
SK Planet, one of Korea’s largest telecommunications firms, is looking to step up its blockchain game with a nationwide collaboration. The telecom giant has signed a memorandum of understanding with the ICON Foundation. The cooperation will see SK planet integrate blockchain into a number of existing products, such as OK Cashbag. The collaboration aims to make “a real-life blockchain use case.” OK Cashbag is already one of the country’s largest loyalty programs, boasting nearly 38 million subscribers – half of the population of South Korea. We will have to wait before we know what this use case will look like…

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