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: 관리자 : 2019-04-17

[Press] Korea Smart Cities Daily News Clipping - Apr. 17

KT unveils 5G based blockchain platform 'GiGA Chain' 


KT launched its fifth-generation (5G) network-based blockchain technology brand "GiGA Chain" and related blockchain-based services that can enhance security and help prevent cyberattacks on connected devices. 


"In the 5G era, a large number of IoT devices are expected to be used and many of them are likely to be more vulnerable to cyberattacks. So we decided to come up with high assurance cybersecurity measures using our blockchain technology," Lee Dong-myeon, president of future platform business group at KT, said during a press conference at the firm's headquarters in central Seoul. 


KT also introduced the GiGA Chain BaaS (Blockchain as a Service) platform that enables organizations to use blockchain-based applications. 


[Source : The Korea Times]



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