Kyobo Life Creates Digital Asset Unit to Prepare Blockchain Business Moves

Kyobo Life has established a new digital asset organization, laying internal groundwork for blockchain-related new businesses. According to the report, the move is seen as a step to examine future business opportunities in digital assets and blockchain. As insurers continue to consider how digital technologies could expand services, Kyobo Life’s creation of a dedicated unit suggests a more structured review of the field. Specific business areas, launch timing and investment size were not confirmed. Source: hankyung.com