Blockchain-based mobile e-certification service has been presented as a key solution of the MyData business to reinforce personal information decision-making. MyData, a new industry, is an innovative industry to be fostered by the government.
At the “2019 My Data Conference” held in Seoul on Nov. 29, Teemu Ropponen, general manager of MyData Global, described the growth of the MyData industry as a process of moving from data protection to data self-determination. "The core vision of MyData is that individuals get new opportunities by taking ownership of their data," he said. "In order to do this, it's necessary to suggest what positive changes MyData can bring."
Lee Mi-yeon, head of SK Telecom's blockchain business development unit, also stressed, “The Mobile ID Wallet that offers the blockchain-based mobile identity verification service makes it easy and convenient to store and process personal information in one place. This opens the way for individuals to manage their own personal information and choose whether to provide it. ”
Within this year, SK Telecom is planning to launch “Initial,” a blockchain-based mobile e-certification application. SK Telecom plans to make it possible for people to use Initial to store important information such as their certificates, licenses and health records.