South Korea's Popular Tourist Destination to Trace COVID-19 Contacts with ICONLOOP Vide
Main page News, Tech, South Korea, Blockchain, Blockchain-as-a-Service

The most popular South Korea's tourist destination, Jeju Island, will start tracing the spread of coronavirus infection with the help of ICONLOOP's blockchain technology called Decentralized Identity (DID).

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According to an official press release that was shared with iHodl, ICONLOOP (ICX) has already signed an agreement with the Jeju Special Self-Governing Province to combat the spread of the virus.

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Tourists will reportedly use a mobile app called Zzeung to register their destinations and businesses on Jeju Island, with their data kept privately on blockchain.

ICONLOOP CEO Jong-hyup Kim claims the partnership with Jeju Island is opening "new possibilities for real-life application of blockchain DID authentication in the post-COVID-19 era."

"As more users directly experience safe and convenient DID service at scale, we will realize many more new ways that blockchain technology can be applied to their daily lives," he added.

Jeju Island is the largest island in South Korea and the most popular domestic tourist destination with 15 million annual tourists. The island is also known as the birthplace of Korean surfing.

iHodl previously reported that ICONLOOP raised over $8 million in Series A funding. Among investors were Korea Technology Finance Corporation (KOTEC) and T.S. Investment.

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