5 news from the crypto world - May 9
Binance Korea will join a major decentralized identification alliance (DID), whose members include electronics giants Samsung and LG, South Korea's leading banks and telecom providers, becoming the first non-Korean company to do so. . The platform will be used to provide digital authentication on mobile devices and is being jointly developed by the government regulatory body, the Financial Services Commission. Binance Korea said its users will be able to use the solution in the future to "simplify cumbersome identification processes."
Digital Currency Dash (DASH) has partnered with AnkerPa y, a South African-based cryptocurrency payment and ATM company. South African users can now buy or sell Dash through ATMs or wallets and spend it at participating merchants in the country, as well as use Dash to purchase goods and services online. The partners will also develop remittances to South Africa and other regional markets in the UK and Europe.
Guangzhao has become the last major Chinese city to outline its blockchain plans for the next two years. According to an official statement, city authorities have pledged to support joint venture efforts between major local companies, government agencies, universities and research institutes, which will co-build blockchain labs and new research and development centers. Guangzhao also wants to embrace blockchain technology to cut red tape, with children's school enrollment, medical services, and blockchain-powered car licensing solutions all slated for 2022.
Blockchain- based social marketplace CoinLinked, founded by Jenny Q Ta, has made its debut this week . Its creator, Wall Street veteran, entrepreneur and founder of VCNetwork.Co, a platform that connects VC and startups, communicated through a company press release that CoinLinked does not require commercial integration, allowing users to purchase any product of any website with cryptocurrencies, stablecoins and fiat currency, while merchants are paid in local currency.
The video conferencing app Zoom , the undisputed titan in an era of social estrangement, has acquired the end-to-end encryption startup Keybase . The acquisition, announced on May 7, follows multiple privacy and security scandals, including the rise of video conferencing ("zoombombing"), controversial data sharing with Facebook, false claims that video calls were encrypted and revelations that hackers were selling half a million Zoom accounts on the "dark net"