Last week it was revealed that the state-owned Korea Minting, Security Printing & ID Card Operating Corp. (KOMSCO) and the World Bank announced that they will be strengthening their relationship, as the World Bank views South Korea’s digital ID development as a model example other developing nations should look to replicate.

First reported by The Korea Times, Lim Do-hyun, an executive in charge of ICT at KOMSCO, said during a meeting with the World Bank in March, “Southeast Asian countries including the Philippines and Indonesia as well as Latin Americas such as Costa Rica and Paraguay have shown much interest in Korea’s mobile ID system, K-DID. We are getting request from other countries to introduce it to their countries.”

Do-hyun says a World Bank official said his organization “will endeavor to explore ways to share (South) Korea’s successful K-DID establishment cases with developing countries through our investigation.”

The Korean publication The Investor noted that ‘South Korea launched the next-generation K-DID system in 2020, a blockchain-based decentralized mobile ID system that better prevents personal information leakage and protects related rights of individuals.’

Mobile ID World explained that ‘in a DID system, the control over personal information is returned to the individual, allowing them to manage and consent to the use of their data directly, rather than storing this sensitive information on a central server. This approach reduces the risk of massive data breaches and unauthorized access to personal information.’

Additionally, The Korea Times says ‘it is known to be better at preventing personal information leakage and identity theft, and also protecting personal right with strengthened ownership for users’ private information.’

Next year, the government plans to rollout mobile national IDs for all citizens aged 17 and above.

In March the World Bank Group President, Ajay Banga, met with the Chairman and CEO of Verizon, Hans Vestberg, who discussed the necessary role digital IDs are needed in society and how government’s relationships should be in managing them.

Private companies should not own that. It is the social contract of a citizen with their country to have an identity, a currency and safety. You should not take that away from them. They should have the digital identity. That digital identity should guarantee the privacy of that citizen. It should help them with their security, but the government should give the identity.

Banga said at a forum meeting

AUTHOR COMMENTARY

As I have reminded readers many times, the digital IDs are necessary catalysts needed to enforce the CBDCs, social credit, tokenization system. It’s not about ID security and protection: it’s about a springboard for control and entrapment.

SEE: Must Read: Top Economist And Professor Reveals That Central Banks Want To Microchip People So They Can Administer CBDCs

Kazakhstan Partners With UN To Introduce ‘Digital Family Card,’ Allows The Government To Monitor All Household Conditions And Retroactively Provide Social Benefits

Thorns and snares are in the way of the froward: he that doth keep his soul shall be far from them.

Proverbs 22:5

[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).

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1 Comment

  • Living in these times is akin to children playing in the park (or playground) and they are blissfully unaware that the adult workers are building a fence around them, then walking away, and then when the children are ready to go home, they realize they can’t get out.

    The adults today are (in essence) the children, the parasitic class are building the fence. For whatever reason(s) the masses don’t ‘see’ because they are spiritually lost and due to their waving off (so to speak) the warnings they have been given, their tacit rejection of Jesus Christ, they will not escape due to that choice.

    It’s tragic too, because it doesn’t have to be that way.

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