LG trials digital currency payments via face recognition
Through its IT subsidiary LG CNS, the company will implement the technology within one of its employee cafeterias.
Through its IT subsidiary LG CNS, the company will implement the technology within one of its employee cafeterias.
South Korea is committing to supporting blockchain technology and will issue a $3 million grant to support up to 9 companies building blockchain solutions.
A week that has seen some of the biggest companies in the world taking to blockchain, from LG to Mitsubishi and Lamborghini as more wallets chose BSV
LG wants to match Samsung step for step by putting out their own blockchain based tech.
LG is hoping to use a proven blockchain to increase transparency for students and parents.
The South Korean consumer electronics giant filed for trademark protection with USPTO on July 2, in respect of a “ThinQ Wallet” trademark.
LG Uplus is set to test a blockchain-based payment services solution that will be available to travelers visiting other countries. If the trials go well, the platform could be launched sometime during the first quarter of next year.
Through its subsidiary, LG has created a blockchain-powered service that provides logistics capabilities for finance, communication and manufacturing firms.