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Uber Brings $150M To SK Telecom Mobility Platform, Joint Venture In Korea

PYMNTS

SK Telecom and Uber Technologies have entered into two business arrangements — one an agreement to collaborate and the other a joint venture — focusing on the ride-hailing business, SK Telecom announced on Friday (Oct.

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Bitcoin Daily: SK Telecom Debuts Blockchain Document Wallet; Israeli Blockchain Accelerator Collider Labs Crowdsources $1M

PYMNTS

SK Telecom has indicated that it will provide its inaugural eWallet to keep electronic certificates and manage them, which is fueled by the blockchain and has the go-ahead from the South Korean government, Cointelegraph reported.

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Uber’s Offer For Daimler/BMW's Free Now Tops €1B

PYMNTS

Earlier this month, Uber announced it was partnering with the Korean firm SK Telecom to collaborate on a new venture as well as ride-hailing. SK Telecom has restructured over the years to become a tech firm with its hands in mobile communication, media, security and commerce.

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Samsung, Tech And Banking Cos Team To Use Blockchain For Mobile Identity

PYMNTS

Samsung Electronics; banks KEB Hana Bank and Woori Bank ; telecom companies SK Telecom , LG Uplus and KT ; and Koscom , an IT service subsidiary from the Korea Exchange, are all part of the group. When LG Uplus, KT and SK Telecom are hiring, blockchain tech will also be used to review applications.

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Quadient Integrates Cloud Platform with Microsoft Azure AI to Transform Customer Communications

Accounting Insight

Integrating new technologies is essential to helping enterprises accelerate their AI journey,” said Lenka Nováková, Enterprise Commercial Lead CZ/SK Microsoft. “With generative AI technologies, we are unlocking new efficiencies for businesses across industries, profoundly changing how work is done.

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Bitcoin Daily: India’s Top Court Keeps Crypto Ban, Crypto Thefts Top $761M In First Half Of 2018

PYMNTS

In other news, SK Planet is considering a plan to tokenize cash points earned by users of its rewards program, CoinDesk reported. SK Planet’s program, OK Cashbag, was founded about two decades ago – in 1999 – in order to reward customers of merchants that are affiliated with SK.

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The Other Trade Dispute Disrupting Samsung’s Supply Chain

PYMNTS

and SK Hynix are working to adjust their supply chain routes and procure materials from markets beyond Japan, instead eyeing vendors in Taiwan and China, according to Park Jea-gun, head of the Korean Society of Semiconductor & Display Technology. SK Hynix declined to comment on the matter.