"Opened the Era of Object DID" SKT 'Initial' Begins Diagnosis of Dangerous Structures

Verification of Building Identifiers and Safety Inspection of Hazardous Structures Using Blockchain-Based DID Technology by 'Initial'

[Asia Economy Reporter Eunmo Koo] To address security issues arising from the spread of the Internet of Things (IoT), SK Telecom is launching the nation's first decentralized identity verification (DID) service that integrates blockchain and IoT.

On the 7th, SK Telecom announced that it will apply its blockchain mobile electronic certification service technology, 'Initial,' to IoT, introducing a distributed identity verification service for objects that confirms the unique identifiers of buildings and conducts safety inspections of hazardous structures.

DID is an electronic identification system that manages identity verification online based on blockchain technology. Until now, it has been used for personal identity verification, but for the first time in Korea, it will also be used to verify identifiers of objects.

SK Telecom supports its blockchain-based mobile electronic certification service, 'Initial,' in the blockchain-based hazardous structure safety inspection platform project led by the 'City Labs Consortium,' which consists of City Labs, Think Generator, Ginosys, and the Disaster Prevention Testing Institute. This project was designated as a blockchain pilot leading project by the Korea Internet & Security Agency in 2021, and the City Labs Consortium is conducting the nation's first hazardous structure safety inspection pilot project in collaboration with Jungnang District Office.

Through supporting the DID technology of 'Initial' to the City Labs Consortium, SK Telecom is responsible for implementing DID for buildings and monitoring the tilt and cracks of aging buildings based on IoT technology. 'Initial' is a service that uses blockchain technology to issue, store, and submit various certificates on the user's device.

In the past, safety inspections of aging buildings involved unspecified inspection companies measuring on-site and preparing reports, which took a lot of time for data analysis and raised concerns about data reliability. The 'Initial' DID technology can assign object DIDs to various IoT devices, ensuring that data collection and transmission via blockchain are free from tampering risks and making it easy to verify authentic data.

Oh Se-hyun, Head of SK Telecom Authentication CO (Company), said, “It is encouraging to open the era of object DID for the first time in Korea through Initial. Enhancing the reliability of safety inspections for aging buildings is a good example of ESG management contributing to the safe lives of citizens. We will continue to strive to apply Initial's DID technology to various industries and everyday life.”

This content was produced with the assistance of AI translation services.