According to local news Agency Yonhap Sunday, LG CNS, a subsidiary of the South Korean Corporation LG, which deals with services in the field of information technology, recently launched a new blockchain service.
According to Yonhap, a private blockchain platform LG CNS “Monachain” was designed to work in the field of Finance, production and communication.
One of the basic functions Monachain are: a system of digital authentication, digital currency, and the system of logistics management. Monachain allows you to use a new type of identification, decentralized identifier (DID), which can be used for personal identification and online payments through your smart device.
Monachain also allows users to open a digital wallet and conduct financial transactions. According to the report, LG CNS plans to enter into agreements with local banks to reach a wider audience.
In addition, Monachain can help business owners increase productivity, as the company provides management system digital supply chain that enables suppliers to effectively manage all production processes.
Blockchain.info moved to domain com
Tether has published a "proof" that their token is actually provided by dollar
In London there is a statue in honor of cryptocurrency
Stellar is ready to launch its own decentralized exchange (SDEX)
As the founder of Litecoin responded to the emergence of Litecoin futures?
The administration trump: need to find perfect balance in the regulation of the cryptocurrency market
The founder of Litecoin about hacking Bithumb: This will not affect bitcoin
A football fan has put 38 BTC on the way out of the Russian team in the semifinals of the 2018 world Cup