SEOUL, July 23 (Yonhap) — South Korea plans to begin a pilot operation of a mobile driver’s license in January next year in a bid to help people verify their identities more conveniently, a senior government official said Friday.

First Vice Finance Minister Lee Eog-weon said if introduced, mobile driver’s licenses will be easily used at offline and online settings.

To ease concerns about a possible infringement on privacy, the government plans to use blockchain technology to strengthen the protection of personal information.

The government earlier said it would introduce mobile identification cards by 2025 in a bid to help people easily verify their identities and receive public services in a non-face-to-face manner.

Meanwhile, Lee said the country plans to push for new corporate investment projects worth 5 trillion won (US$4.3 billion) in the third quarter in a bid to help underpin the economic recovery.

The government has set the goal of supporting investment projects worth 110 trillion won for the whole year as it seeks to help companies and public firms expand investments.

In the first quarter, facility investment grew 6.1 percent from three months earlier, after contracting 0.6 percent on-quarter in the fourth quarter of last year, according to central bank data.

S. Korea to launch pilot operation of mobile driver's license in Jan.

sooyeon@yna.co.kr
(END)


Japan travel news, japan travel guides, japan holiday destinations and japan reviews

LATEST NEWS

NEWS RELATED

(LEAD) Doosan Bobcat net income up more than twofold in Q2

By Nam Kwang-sik (ATTN: RECASTS headline, lead; UPDATES with more info throughout; ADDS photo) SEOUL, July 27 (Yonhap) — Small-sized construction equipment maker Doosan Bobcat Inc. said Tuesday that its net income rose more than twofold in the second quarter from a year ago on the back of increased operating…

Read more: (LEAD) Doosan Bobcat net income up more than twofold in Q2

JioPhone Next will create opportunities for other brands, says Nokia phone maker

HMD Global said that the JioPhone Next smartphone will create opportunities for other brands who are looking at feature phone to smartphone opportunity in India. The maker of Nokia-branded phones, however, added that feature phones have their own market in India as they offer various benefits to consumers especially in…

Read more: JioPhone Next will create opportunities for other brands, says Nokia phone maker

'High tech training behind S. Korean archery powerhouse’

Hyundai Group Chairman Chung Euisun applauds in the audience during an awards ceremony for the women’s archery team competition on Sunday. (Yonhap)South Korea’s archery team won three golds at the Tokyo Olympic games. It’s an astonishing result of the blood, sweat and tears of the athletes but also a huge…

Read more: 'High tech training behind S. Korean archery powerhouse’

Doosan Infracore Q2 net income up 99.8 pct. to 156 bln won

SEOUL, July 27 (Yonhap) — Doosan Infracore Co. on Tuesday reported its second-quarter net income of 156 billion won (US$135.6 million), up 99.8 percent from a year earlier. The company said in a regulatory filing that operating income for the April-June period rose 19.4 percent on-year to 109.2 billion won.…

Read more: Doosan Infracore Q2 net income up 99.8 pct. to 156 bln won

Battery swapping: Stupid idea or next trend?

Blue Park Smart Technology’s battery swap station in China (SK Innovation) Plucking batteries from electric vehicles and popping in fresh ones. This idea has existed since at least the late 2000s, but has apparently not been taken seriously by leading players in the sector. In the lens of pessimists, the…

Read more: Battery swapping: Stupid idea or next trend?

Samsung Biologics Q2 net income up 133.6 pct to 121.5 bln won

SEOUL, July 27 (Yonhap) — Samsung Biologics Co. on Tuesday reported its second-quarter net profit of 121.5 billion won (US$105.7 million), up 133.6 percent from a year earlier. Operating income for the April-June period was 166.8 billion won, up 105.6 percent from a year ago, the company said in a…

Read more: Samsung Biologics Q2 net income up 133.6 pct to 121.5 bln won

Doosan Bobcat Q2 net income up 125.5 pct. to 92.9 bln won

SEOUL, July 27 (Yonhap) — Doosan Bobcat Inc. on Tuesday reported its second-quarter net profit of 92.9 billion won (US$80.8 million), up 125.5 percent from a year earlier. The company said in a regulatory filing that operating profit for the April-June period rose 117.9 percent on-year to 140.1 billion won.…

Read more: Doosan Bobcat Q2 net income up 125.5 pct. to 92.9 bln won

GM Korea workers reject company's wage offer

SEOUL, July 27 (Yonhap) — Unionized workers at GM Korea Co., the South Korean unit of General Motors Co., voted against the company’s wage proposals for the year despite the COVID-19 pandemic, the company said Tuesday. Last week, the company and its union tentatively agreed on an increase of 30,000…

Read more: GM Korea workers reject company's wage offer

(2nd LD) Samsung SDI Q2 net jumps sixfold on strong EV battery sales, hints at U.S. factory

(2nd LD) S-Oil shifts to black in Q2 on higher petrochem product prices

(LEAD) Hyundai Steel swings to black in Q2 on robust demand

(LEAD) Samsung SDI Q2 net jumps sixfold on strong EV battery sales

Hyundai Steel turns to black in Q2

E-Mart decides to buy bigger stake in Starbucks Coffee Korea

Samsung SDI Q2 net income up 504.5 pct. to 288.3 bln won

Samsung to launch industry's first Mini LED curved gaming monitor

OTHER NEWS