KT Corporation Launches Its Blockchain-Based Platform for Contracts

KT Corporation, the giant South Korean telephone company, has launched a platform for contracts dubbed KT Paperless. The blockchain technology-based KT Paperless will be a document integration platform that will allow its users to formulate and distribute contracts. It will serve as their storage point from where they can see activities such as opening, signing, or alterations on the contracts, using the timestamp technology. Users can also confirm whether they sent documents, confirm the receipt and viewing times, and notices…