Search results for Boundless
Industry
Samsung Electronics chairman Shin Je-yoon urges dialogue to resolve labor-management conflict
Samsung Electronics board chairman Shin Je-yoon appealed for talks to resolve a recent labor-management conflict, warning of heavy economic damage and risks to the company’s semiconductor competitiveness. In a message posted on the company intranet on May 5, he said shareholders, customers and many citizens were concerned and apologised for causing worry. He warned that disruptions could undermine trust, trigger customer defections and hurt exports, tax revenue, GDP and the exchange rate.
Crypto
XRP Ledger to add native zero-knowledge proof verification
XRP Ledger (XRPL) plans to natively support zero-knowledge proof verification. It has added a foundation to secure privacy required by institutions on public blockchains by linking with the zero-knowledge proof network Boundless. The move targets constraints that have hindered financial institutions from using public blockchains, where transaction flows and counterparties are exposed. XRPL aims to verify validity, funding and compliance while keeping amounts, senders and recipients off the public ledger.
Finance
South Korea\'s top court orders retrial in Hana Financial chair\'s hiring fraud case
Hana Financial Group Chairman Ham Young-joo (함영주) was cleared of allegations of involvement in hiring irregularities following a Supreme Court ruling. On Jan. 29, the court quashed and remanded the part of the lower-court judgment on obstruction of business and dismissed all remaining appeals. Ham had earlier received a suspended prison sentence at an appeals court over the charge. Hana Financial said it respected and was grateful for the Supreme Court’s decision.