SEOUL, Sept. 2 (Korea Bizwire) — KT Corp., a major South Korean telecom operator, said Wednesday that fourteen companies were participating in the launch of the ‘E-document Digital Transformation (DX) One Team’ to promote the rollout of e-document services.
The mobile carrier will develop a blockchain-based e-document platform by leveraging its existing capability in digital platforms.
The new platform will manage the entire lifespan of e-documents ranging from creation to storage, distribution and application. KT will provide the platform to other members of the team.
By using the platform, the participating companies will pursue a variety of e-document services that would be best-optimized for their respective customers.
The E-document DX One Team set its primary goal to convert 4.5 billion paper documents into e-documents per year.
KT stressed that if the primary goal is achieved, it would have the effect of reducing carbon emissions by 129.6 billion tons every year.
Kevin Lee (email@example.com)