South Korea has completed the national rollout of digital ID, allowing citizens and foreign residents to use a digital version of their residency cards on smartphones. This development includes enhanced security measures and provisions for banks to accept these digital IDs for transactions. Additionally, Raonsecure has introduced a digital badge system at Korea University, and…
Worldcoin has launched its iris scan technology in Guatemala and Malaysia, allowing users to obtain a digital ID and cryptocurrency. The launch in Malaysia has government backing, while in South Korea, the company faces hefty fines for data privacy violations. More than 93,000 South Koreans have downloaded the World App, reflecting a growing interest despite…
World has launched Android support for World ID Credentials in Malaysia, enhancing global accessibility. This comes after previous iOS support and aims to include passport holders globally. Concerns have arisen regarding illegal biometric trading, particularly in Argentina, as users are warned to protect their personal data amid growing synthetic identity fraud risks. World has announced…
Facial recognition technology is rapidly growing in South Korea, enhancing security and convenience in various sectors. Despite challenges like privacy concerns and integration costs, companies are pushing forward. Major players like Viva Republica and KakaoBank are expanding their services, anticipating increased adoption for payment solutions driven by positive user experiences. South Korea is witnessing a…
