South Korea ’s SK company and Germany ’s subsidiary Telekom have joined forces to develop a " borderless " mobile passport - based ID , similar to a digital passport , which aims to enable simplified transactions across countries . The companies said the passport could eventually be used by individuals travelling between South Korea and Germany , for example , and could help facilitate processes related to entry fees , transactions and contracts .
South Korea’s SK Telecom and Germany’s Deutsche Telekom have joined forces to develop a "borderless" mobile blockchain-based ID, similar to a digital passport, which aims to enable simplified authentication across countries. The companies said the platform could eventually be used by individuals travelling between South Korea and Germany, for example, and could help ease processes related to entry control, transactions and contracts.