South Korea’s largest telecom could bring blockchain to 38M people
SK Planet, one of Korea’s largest telecommunications firms, is looking to step up its blockchain game with a nationwide collaboration. The telecom giant has signed a memorandum of understanding with the ICON Foundation. The cooperation will see SK planet integrate blockchain into a number of existing products, such as OK Cashbag. The collaboration aims to make “a real-life blockchain use case.” OK Cashbag is already one of the country’s largest loyalty programs, boasting nearly 38 million subscribers – half of the population of South Korea. We will have to wait before we know what this use case will look like… This story continues at The Next Web
LONDON (Oct 24): James Dyson, the billionaire British inventor of the bagless vacuum cleaner, has chosen to build his electric car in Singapore to be close to Asian customers, supply chains and a highly skilled workforce.
The 71-year-old entrepreneur, who backed Brexit in the 2016 referendum, already manufactures products such as hair dryers, air purification systems and bladeless fans in Asia, while the company’s research and development remains in Britain.