{"id":146971,"date":"2021-01-04T19:15:00","date_gmt":"2021-01-04T16:15:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/iconloop-secures-gov-backing-to-test-blockchain-drivers-license-project\/"},"modified":"2021-01-04T19:15:00","modified_gmt":"2021-01-04T16:15:00","slug":"iconloop-secures-gov-backing-to-test-blockchain-drivers-license-project","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/iconloop-secures-gov-backing-to-test-blockchain-drivers-license-project\/","title":{"rendered":"# Iconloop secures gov backing to test blockchain driver’s license project"},"content":{"rendered":"

“# Iconloop secures gov backing to test blockchain driver’s license project <\/strong>”
\n<\/p>\n

Enterprise blockchain firm Iconloop has secured app<\/a>roval from South Korea\u2019s Ministry of Science<\/a> and ICT to test its decentralized identity, or DID, technology<\/a> system to manage driver\u2019s license data in the country.<\/p>\n

According to an announcement from the company, the trial run aims to showcase the DID\u2019s capabilities in offering secure data storage while preventing data forgery.<\/p>\n

Commenting on the project, Iconloop CEO Jonghyup Kim remarked that the company\u2019s DID platform allows users to better manage their personal information straight from the Zzeung mobile phone app, instead of using physical driver\u2019s license cards. The app also reportedly gives users greater control of their personal data. <\/p>\n

Iconloop\u2019s DID test is coming at a time when digital identity adoption among South Koreans is on the rise. In August 2020, reports emerged that 1\u00a0million South Koreans already hold blockchain driver’s licenses.<\/p>\n

The planned test is another government-backed use case for Iconloop\u2019s blockchain-based DID technology system in South Korea. Back in August 2020, it was revealed that Jeju Island administrators were using DID for contact tracing as part of the measures to combat the spread of COVID-19 in the popular tourist destination.<\/p>\n

Apart from government agencies, private firms such as SaraminHR \u2014 a recruitment firm in South Korea \u2014 are also reportedly using the DID for authenticating the credentials of job applicants. As previously reported by Cointelegraph, Iconloop secured about $8 million in funding for its DID project.<\/p>\n

Decentralized identity remains one of the often-touted use cases for blockchain adoption. Given the rising cases of identity theft and breaches of centralized databases, some experts have argued for more consideration toward blockchain-based identity management systems.<\/p>\n

Apart from driver\u2019s licenses, other potential adoption cases for decentralized identity include banking, healthcare and the travel<\/a> industry. Indeed, advances in decentralized biometrics have allowed some countries in Southeast Asia to begin reviving<\/a> their tourism sector amid the ongoing coronavirus pandemic. <\/p>\n