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Samsung Releases Blockchain Platform ‘BankSign’ For Convenient User Transactions

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Tue, 28/08/2018 - 8:51
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Samsung Releases Blockchain Platform ‘BankSign’ For Convenient User Transactions
Cover image via U.Today
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The BankSign platform was launched by the Korea Federation of Banks earlier this summer to let local small-scale banks change their approach to verification and put online banking options to a Blockchain format.

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By using this app clients can perform transactions through different banks. What they need for this is a certification with just one bank– this is what BankSign gives them.

The app allows getting certification in various ways, even fingerprints and graphic patterns. Samsung promises the certification obtained through this app can be used for three years.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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