Ticket reselling has been a continuing issue in South Korea’s music scene, leaving fans frustrated and compelled to pay high ticket prices. Nonetheless, Korean singers appear to be adopting innovative measures to resolve the matter using blockchain and NFT ticket solutions. Jang Beom-June Implements Blockchain Technology Ticket reselling has for long been a persistent problem… Continue reading Resolving Ticket Reselling Using NFT Solution In South Korea
Results for "South Korea"
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South Korea’s BC Card Submitted Patent Applications For Receipt-Based NFTs
In a world where digital assets have massive potential to become the norm, South Korea’s BC Card confirmed that it has applied for two domestic patents to use non-fungible tokens (NFTs) to confirm the purchase details in trading used luxury goods. While NFTs are mostly known for their role in art and collectibles, BC Card… Continue reading South Korea’s BC Card Submitted Patent Applications For Receipt-Based NFTs
NFTs Adoption Increases In South Korea In 2022
South Korea may soon turn into the blockchain industry hub once again as more of its people are increasingly adopting different crypto innovations such as use cases of non-fungible tokens (NFTs) at relatively tremendous rates. Recent data analysis confirmed that non-fungible token adoption has skyrocketed in South Korea this year, making it a leader in… Continue reading NFTs Adoption Increases In South Korea In 2022
North Korean Hackers Steal NFTs Using Almost 500 Phishing Domains
Reports indicate that the North Korean hackers developed decoy websites impersonating NFT marketplaces, NFT projects, and a DeFi platform. These hackers linked to North Korea’s Lazarus Group are allegedly behind a huge phishing campaign targeting the non-fungible token (NFT) investors – using almost 500 phishing domains to dupe victims. Blockchain security company SlowMist published a… Continue reading North Korean Hackers Steal NFTs Using Almost 500 Phishing Domains
Bank Of Korea (BoK) Scales CBDC Test Programs To Global Remittances And NFTs
The Bank of Korea discovered that its central bank digital currency (CBDC) could process up to 2000 transactions per second, which is considerably below what the standard centralized ledger database provides. The central bank of the Republic of Korea together with the issuer of the Korean Republic won, the Bank of Korea (BOK), is allegedly… Continue reading Bank Of Korea (BoK) Scales CBDC Test Programs To Global Remittances And NFTs
Line Next Introduces ‘Sweet Monster Guardians’ With NFT Incorporation
Line Next, a branch of Line Corporation, a renowned Asian messaging company with more than 178 million active monthly users, has introduced its latest addition to the Web3 gaming space with “Sweet Monster Guardians.” This move marks the firm’s second investment into the Web3 gaming world, after the success of their previous release. Getting inspiration… Continue reading Line Next Introduces ‘Sweet Monster Guardians’ With NFT Incorporation
PUBG Developer Krafton Introduces New NFT Game OVerdare
Krafton, South Korea’s gaming behemoth, renowned for its global success with PUBG, has declared its interest in the world of NFT-integrated metaverse gaming. The company’s latest initiative in that direction is Overdare. Formerly titled “Project Migaloo,” this game is scheduled for preliminary debut in December 2023, with the full launch slated for the period between… Continue reading PUBG Developer Krafton Introduces New NFT Game OVerdare
Polygon Labs’ Blockchain Partners With SK Telecom’s Web3 Vision
Polygon Labs and SK Telecom (SKT) have said that they signed a strategic partnership agreement to develop SKT’s Web3 ecosystem. SK Telecom dominates the South Korean wireless market, already hosting millions of subscribers. The agreement signing ceremony happened at SK Telecom’s headquarters in Seoul. Boosts To SK Telecom’s NFT Marketplace And Web3 Wallet This agreement… Continue reading Polygon Labs’ Blockchain Partners With SK Telecom’s Web3 Vision
Samsung Invests $35M In Latin America-Focused Metaverse Initiatives
The Samsung Latam Investment of more than $35 million marks a crucial moment in Web3. Furthermore, the South Korean tech giant is now strategically betting on the metaverse as the meeting place of the future. Thus, it wants to have a strong position in Latin America and this move is meant to enable Samsung to… Continue reading Samsung Invests $35M In Latin America-Focused Metaverse Initiatives
Hyundai Joins With Meta Kongz As Activision Surveys NFTs
Hyundai, the South Korean automobile manufacturer said on April 18 that it has now partnered with the Meta Kongz NFTs project to develop a limited collection of 30 NFTs that will launch sometime in May. The automobile firm also set up a new Twitter handle @Hyundai_NFT to cater to all its NFT-related communications. In that… Continue reading Hyundai Joins With Meta Kongz As Activision Surveys NFTs