A Stepping Stone for Cross-Industry Integration Through Enhanced Blockchain Security and Verification

Seoul – July 22, 2021 – People & Technology, a leading IoT and AI data services company with strong domestic and international performance, announced its participation in the blockchain platform development project for Gyeonggi Arts Center based on KT’s Blockchain BaaS (Blockchain as a Service) platform. The contract was finalized on July 13, 2021.

This project, led by KT and Gyeonggi Arts Center, aims to develop a blockchain platform to manage and distribute video content created by artists affiliated with the Gyeonggi Arts Center. As a KT Blockchain Ecosystem Partner, People & Technology will contribute to building a platform that records and manages most content-related data—such as artist information, metadata, distribution history, settlement records, and video playback time—using blockchain technology.

Experience and Expertise in Blockchain Integration

Since 2018, People & Technology has been a KT Blockchain Ecosystem Partner, working to integrate blockchain with IoT and healthcare technologies. The company’s notable achievements include:

• Blockchain-based settlement voucher system for BC Card.
• Smart hospital non-contact services at Seoul Medical Center using blockchain technology.
• Digital voucher system based on blockchain location services for Busan Bank.

Through this project, People & Technology will develop a system utilizing NFTs (Non-Fungible Tokens) to verify the authenticity of digital assets for Gyeonggi Arts Center. The system will handle digital asset ownership, ensuring robust security and reliability for content distribution.

Broader Implications and Future Applications

This project is expected to strengthen blockchain security and verification capabilities, laying the foundation for its application in other fields, particularly in healthcare, where data security is a critical concern. Leveraging the success of this project, People & Technology aims to further integrate blockchain solutions into healthcare systems, enhancing data integrity and trust in sensitive applications.