Korbit, Complete Overhaul of Login and Registration Methods

Domestic virtual asset exchange Korbit announced on the 20th that it has completely revamped its login and membership registration methods to a passwordless system that does not require a password.

With this revamp, users can sign up through identity verification without installing any separate programs or applications (apps). Additionally, without using an ID or complex password for login, users can access Korbit by scanning a QR code on the web or by using a 6-digit simple password set by the customer, Face ID, or fingerprint on the mobile app.

The customer verification procedure (KYC) for anti-money laundering has been simplified, allowing users who previously had to go through multiple authentication and information input steps to now use Korbit more quickly and conveniently.

Along with this, the dormant account reactivation process has also been changed. Dormant accounts can now be reactivated immediately by logging in through identity verification at any time without the need to retrieve an email address or password each time, thus improving convenience for dormant customers as well.

Meanwhile, with the complete overhaul of the login and membership registration methods, Korbit will also discontinue login methods through social account linkage such as T ID and Apple ID, which were previously provided. Instead of social login, the authentication method has been changed to identity verification using a mobile phone or Shinhan Certificate, enhancing security by requiring both possession of the authentication method (mobile phone or Shinhan Certificate) and personal information for identity verification to log in.

Lee Jung-woo, CTO (Chief Technology Officer) of Korbit, stated, "The complete revamp of the login and membership registration methods not only improves customer convenience but also raises the security level of the exchange, which is positively evaluated."

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