South Korea’s largest foreign exchange bank — Korea Exchange Bank (KEB Hana Bank) — has announced that it has filed 46 patent applications for business models related to blockchain, business technology news website ZDNet reports on Feb. 13.
KEB Hana Bank, a part of the Hana Financial Group (HFG) — one of the largest bank holding companies in South Korea — has completed 46 patent applications for methods and systems for purchasing overseas products, systems and methods for electronic contracts and methods and systems for providing digital asset services using blockchain.