KT Sets Up Blockchain-based E-Document Platform

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This file photo, taken July 5, 2020, shows KT Corp.'s office in central Seoul. (Yonhap)

This file picture, taken July 5, 2020, reveals KT Corp.’s workplace in central Seoul. (Yonhap)

SEOUL, Sept. 2 (Korea Bizwire) — KT Corp., a serious South Korean telecom operator, stated Wednesday that fourteen corporations had been taking part within the launch of the ‘E-document Digital Transformation (DX) One Workforce’ to advertise the rollout of e-document providers.

The cell service will develop a blockchain-based e-document platform by leveraging its present functionality in digital platforms.

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The brand new platform will handle the complete lifespan of e-documents starting from creation to storage, distribution and utility. KT will present the platform to different members of the group.

Through the use of the platform, the taking part corporations will pursue quite a lot of e-document providers that will be best-optimized for his or her respective prospects.

The E-document DX One Workforce set its major objective to transform 4.5 billion paper paperwork into e-documents per yr.

KT burdened that if the first objective is achieved, it could have the impact of lowering carbon emissions by 129.6 billion tons yearly.

Kevin Lee (kevinlee@koreabizwire.com)

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