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Koreans to have access to blockchain-powered digital IDs by 2024

Under the plan, the blockchain-powered ID would be fully decentralized, meaning the government won't be able to see how or when the ID is being used.

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Decentralized ID the key to mainstream DeFi adoption—Quadrata co-founder

Decentralized identities would open Web3 to a range of services requiring personal information and allow platforms to offer tailored products, according to the CEO of Quadrata.

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