KT, the second largest telecommunications company in South Korea, and Iron Mountain, a global leader in data and document storage services, have announced a partnership to launch a blockchain-based e-document platform. The platform, called KT E-Document Platform, will use blockchain technology to secure and track e-documents, making them more tamper-proof and accessible. It will also help to reduce costs and improve efficiency.
The platform will leverage Iron Mountain’s expertise in physical and digital records management, as well as KT’s blockchain technology. This will ensure that the platform is secure, reliable, and scalable. The platform will also be able to support a variety of e-document types, including contracts, invoices, certificates, and diplomas.
The platform will be available to both public and private sector customers in South Korea and abroad. The partnership is expected to create new business opportunities and synergies for both companies, as well as contribute to the digital transformation and environmental sustainability of the society.
KT E-Document Platform Key Points
- Security: Blockchain technology is a secure and tamper-proof way to store data. This is because data on the blockchain is distributed across multiple nodes, making it difficult to hack or alter.
- Accessibility: The platform will be accessible from anywhere in the world with an internet connection. This makes it easy for businesses and individuals to access their e-documents.
- Cost-effectiveness: The platform can help to reduce costs by eliminating the need for paper-based documents and manual processes.
- Efficiency: The platform can help to improve efficiency by automating tasks and reducing the need for human intervention.