YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Amazon and Google Launch New Multicloud Networking Service to Boost High-Speed Cloud Connectivity 
Australia Releases New National AI Plan, Opts for Existing Laws to Manage Risks 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
USPS Expands Electric Vehicle Fleet as Nationwide Transition Accelerates 
IKEA Expands U.S. Manufacturing Amid Rising Tariffs and Supply Chain Strategy Shift 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
Netflix’s Bid for Warner Bros Discovery Aims to Cut Streaming Costs and Reshape the Industry 
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn 
Rio Tinto Raises 2025 Copper Output Outlook as Oyu Tolgoi Expansion Accelerates 
Apple Leads Singles’ Day Smartphone Sales as iPhone 17 Demand Surges 
KT Corporation and Iron Mountain Inc. formed an alliance to work together on establishing a blockchain-powered electronic document platform. The South Korean telecom firm entered into this strategic partnership to digitize the latter’s physical documents.
KT and Iron Mountain will launch an E-Document ecosystem that will use blockchain technology to create electronic versions of paper documents and keep them in safe storage. This cooperation will expand the certified electronic document ecosystem based on blockchain.
As per CoinMarketCap, as agreed by KT and Iron Mountain, it was stated in their contract that they will use the former’s blockchain-based electronic document platform to convert physical documents of the American enterprise information management services company.
They also plan to expand their cooperation to include projects beyond digitization. In line with this, the companies will explore a wide range of potential businesses across different markets. This will be very beneficial to KT as Iron Mountain has an extensive presence worldwide, covering 54 countries.
It was noted that the South Korean telecom giant started operating its e-document platform in 2020. Since then, it has been providing services, including document storage, contract writing, and registered document delivery. The digitization of documents has been especially beneficial to small and medium-sized businesses as the service allowed them to stamp out the need to establish individual systems.
KT and Iron Mountain are now eyeing the Asia-Pacific market for their e-document services. Their goal is to capture this market where conventional paper documentation is still the norm.
“We hope that KT’s expertise in ICT and Iron Mountain’s global business expertise merge to bring about positive change to the global market,” Korea Joongang Daily quoted Song Jae Ho, vice president of KT AI/DX Convergence Division of KT Corp., as saying during the contract signing last week. “This MOU will solidify KT’s position as a leader in the market in document management.”
Photo by: Iron Mountain Website
