Kyobo Life Planet, the insurance industry introduced the first block chain based identity authentication

[Korea gimmingyeong financial newspaper reporter] was evaluated as the block chain certification system introduced blitz succeeded in simplifying the financial industry. As a result, the industry is that the authentication is looking forward to be more active financial transactions to reduce time and costs.

IT block chain is a technique that is based on a P2P manner in the form of a (chain) connected one after another for one block (block) the encrypted transaction information collection.

Last month, 16 days FSC and the Korea Financial Investment Association is a pan-finance joint certification FSC for system introduction, Korea Financial Investment Association, Federation of Banks, Life Insurance Association Insurance Association, the Credit Finance Association, financial security agents participated 'pan-finance joint certification It formed a TF '. 17 days and scheduled to kick-off meeting to discuss when and how to introduce such a primary.

When co-authentication system is introduced in the future banks, securities, insurance, authentication is accomplished than I expected easy when all financial transactions such as card.

Recent Internet life insurer Kyobo Life Planet Life announced the first domestic insurance industry, starting the fingerprint authentication services 'co-FIDO (Fast identity Online) method' of the KFTC.

As a result, customers Planet Life mobile app (application) was able to take advantage of a variety of services, such as insurance certificate and contract inquiry only when connecting or fingerprint authentication without a password.

Pies (FIDO) certification in such a way that the biometric information is authenticated, the processing in the smartphone, Life Planet had applied the method to replace the certificate fingerprint itself to take advantage of the solution provided by the KFTC.

This service is supported on smartphones with Android 4.0 and iOS 9.0 or later version operating system, fingerprint authentication as possible. Using fingerprint authentication the first time customers can access du registered your fingerprint to install the 'bio-certified co-app', customers have registered a joint FIDO fingerprints through other financial institutions in the existing can log in, select the print without the need to re-register .

Kyobo Life is such a pace that evaluation of the planet is considered to introduce a biometric system, such as simplicity, as well as fingerprints, iris security. In fact, Apple has provided, including the identity authentication services based on the block chain technology at home and abroad, many companies and financial institutions.

Shinhan Life Insurance has introduced the industry's first mobile biometric last September. But the services of a fingerprint can be utilized only after logging, while limiting the lookup service Kyobo Life Planet big difference is that all the services available, such as loans and insurance payments apply.

Insurance agents, such as non-face-to-face in a face-to-face nature of the life insurer Kyobo Life Planet channel that exists only Internet security services without branches or convenient because the built infrastructure is important to proactively seems to have introduced in the insurance industry. Industry insiders' Kyobo Life Planet is the last in 2015 was also introduced AhnLab convenient authentication service that allows you to authenticate banking industry's first one-touch on the smartphone screen without authorization SMS or ARS 'said' to non-face-to-face saving strengths of the channel It was evaluated as "

The current reportedly called "block chain consortium block chain authentication system being developed will be applied from July demonstration in the coming financial investment eopgwon. In as early as the second half of this year according to financial consumers it is expected to be able to conveniently access the Pan financial services with one biometrics such as fingerprints, iris recognition.



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