NH Nonghyup Bank Demonstrates Mobile Driver's License Service at International Security Industry Expo

[Asia Economy Reporter Eunju Lee] NH Nonghyup Bank announced on the 21st that it demonstrated account opening using a mobile driver's license at the '2022 International Public Safety Industry Expo' hosted by the National Police Agency.

NH Nonghyup Bank explained that it enhanced customer convenience by introducing a service in the first half of this year that allows real-name verification nationwide at branches and through non-face-to-face channels using a mobile driver's license.

Customers who have registered their mobile driver's license can open a Nonghyup Bank deposit and withdrawal account using only the mobile driver's license stored on their smartphone without taking a photo of a physical ID. During the non-face-to-face real-name verification process, they need to submit after passing 'facial recognition' and 'password authentication.'

The mobile driver's license is an official digital ID issued by the government, applying blockchain DID (Decentralized Identity Verification) technology, making data tampering impossible and allowing users to selectively provide only the necessary information based on their discretion.

An NH Nonghyup Bank official stated, "Starting with the mobile driver's license, we will expand to mobile resident registration cards, passports, and more to further enhance customer convenience and security, providing differentiated digital financial services."

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