Samsung Electronics has partnered with the Bank of Korea to research central bank digital currency (CBDC) for offline payments. The collaboration will focus on testing the potential of South Korea's CBDC to conduct remittance and payments using near-field communication (NFC) on Samsung mobile devices.
Samsung's high-level security technology will be applied to the digital currency field, with the aim of making a great contribution to the development of global offline CBDC technology. Samsung has also obtained hardware certification for the Security International Common Criteria CC (Common Criteria) 'EAL (Evaluation Assurance Level) 6+ grade'.
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