World’s First Blockchain Digital Key Platform Keyring Launched in Singapore
South Korean blockchain-powered digital key solutions provider Sesame Lab (CEO Damian Kim) has revealed the roll out of its KEYRING software in Singapore. “KEYRING” by Sesame Lab is the initial digital key system powered by blockchain technology. With the intention of “integrating all keys in the globe into one,” Sesame Lab debuted the platform for the very first occasion in South Korea in March and garnered over 80,000 new members in less than five months.
KEYRING enables the user to remotely manage hotel entries, shared workplace facilities, gym entry points, etc. via a smartphone app.
To utilize the KEYRING app, a tiny “DAVE” Bluetooth-driven smart access gadget must be placed at the doors. The device may be attached to the top or lower portion of the openings without difficulty. Many individuals are looking forward to the reality that KEYRING might substitute conventional access cards and enable users to enter doors securely and easily without physical touch.
The introduction of Sesame Lab’s network in Singapore was accomplished by the Korean government’s foreign market development initiative, which recognized the company’s strong domestic market success and worldwide market opportunity. Singapore is Sesame Lab’s debut market beyond Korea, and the firm intends to use Singapore as the hub of the Asia-Pacific region to grow internationally. F10, a worldwide development and accelerator framework located in Switzerland, will also provide mentoring to Sesame Lab and promote its successful entry into the Singaporean market.
“We are debuting KEYRING in Singapore, often known as the Silicon Valley of Southeast Asia. Our worldwide market growth will begin in Singapore, and we’re going to concentrate on advertising to achieve success” declared Sesame Lab CEO Damian Kim.
Sesame Lab is a 2018 South Korean firm that provides a comprehensive blockchain-powered digital key solution. The firm’s name is derived from the renowned magical saying “Open sesame” from “Ali Baba and the Forty Thieves.” The business, which is capable of developing both hardware and software security mechanisms, is pursuing many initiatives with the objective of digitalizing all physical keys in the globe and creating an “earth without physical keys.”