BC Card files for patent to safely store customer data

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BC Card files for patent to safely store customer data

BC Card filed for a patent that automatically saves the data of its customers' assets as a non-fungible token (NFT) on a blockchain net, the Korean card company said Sunday.
The company hopes it will help them protect customer assets under any circumstances, even when computer problems cripple banking operation.  
Users of its MyData application service can update the data of their assets to BC Card. The data will be automatically saved as NFTs on a blockchain net and will be offered to customers free of charge through its Digital Wallet service.
Three other patents related to the service will also be filed soon, BC Card said.
BC Card hopes the service can guarantee more safety, convenience and security for its customers' financial activities. 
"BC Card customers will protect their assets safety even in the event of an electromagnetic pulse, or EMP, attack that paralyzes the telecommunication systems of a bank," the company said in a statement.
"Also, people will no longer have to carry a bankbook and will be free of any risks of personal information leakage that could occur when they lose the bankbooks."
It upgraded its security by applying new blockchain technology.

BY SARAH CHEA [chea.sarah@joongang.co.kr]
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