<p>South Korean telecommunications giant KT has <a href="https://corp.kt.com/html/promote/news/report_detail.html?rows&#61;10&amp;page&#61;1&amp;datNo&#61;17975" rel="noopener noreferrer nofollow">entered into</a> a strategic partnership with global information management company Iron Mountain to leverage blockchain technology in expanding the certified electronic document ecosystem.</p><h2 id="header-0">From paper to digital</h2><p>Under this collaboration, KT and Iron Mountain will utilize the Korean telecom firm’s blockchain-based electronic document platform to digitize Iron Mountain’s physical documents. The partnership extends beyond digitization, with plans to explore diverse business prospects across various markets. It’s worth noting that Iron Mountain has an extensive global presence, operating across 54 countries.</p><p>KT has been operating the Paperless platform since 2020, providing services such as contract writing, registered document delivery, and document storage. This initiative has been particularly beneficial for small and medium-sized enterprises, as well as sole proprietorship businesses, eliminating the need to establish individual systems.</p><h2 id="header-1">Asia-Pacific market as a priority</h2><p>Both companies are united in their objective to capture the Asia-Pacific market, a region where conventional paper documentation remains deeply ingrained. Given the extensive usage of paper documents in this market, the anticipated demand for digital transformation is substantial.</p><p>Song Jae-ho, Vice President of KT’s AI/DX Convergence Business Division, emphasized the promising prospects of combining KT’s technological expertise with Iron Mountain’s global business capabilities. He highlighted the potential for a significant positive impact that their collaboration could bring to the global document market. Song expects the partnership will help KT position as a leader in driving digital transformation within the document management sector.</p><p>Joyce Housien, Vice President of Commercial at Iron Mountain, echoed these sentiments, underlining the broader scope of their collaboration. She noted that their joint efforts are not only focused on achieving digital transformation within South Korea but also on generating new value within the wider Asian digital industry landscape.</p>

KT and Iron Mountain Forge Alliance to Propel Blockchain-Powered E-Document Ecosystem

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