Fasoo AI Implements Private Blockchain System for Donghaeng Lottery

Fasoo AI has established a blockchain-based lottery data integrity system for Donghaeng Lottery.

According to Fasoo AI on August 25, its private blockchain solution 'Fasoo Block' has been applied across Donghaeng Lottery's entire lottery system. Private blockchains limit participation to authorized users, enabling faster processing and tighter access control over sensitive data. For this reason, they are mainly used when multiple entities need to jointly manage data, prove authenticity, and track history, such as in supply chains or collaborative environments.

Fasoo Block, utilizing this private blockchain approach, ensures the integrity and confidentiality of data. The solution has been implemented in all number-drawing lotteries and instant lotteries operated by Donghaeng Lottery, such as 'Lotto 6/45' and 'Speetto 2000'. It securely records and manages an integrity hash (a verification value for data changes) for purchasing ledgers and winning information. In addition, additional verification procedures using this information are applied when verifying high-value tickets, further enhancing data integrity and verification reliability. The history recorded on the blockchain can be tracked and is virtually tamper-proof, increasing transparency in lottery management and helping to prevent fraudulent sales or counterfeit lotteries.

Lim Chosoon, Head of System Operation Headquarters at Donghaeng Lottery, stated, "The reliability and transparency of lottery data are critical factors for stable lottery operations. Through our collaboration with Fasoo AI, we have further strengthened our data management system and will continue to establish a reliable and stable lottery operating environment that the public can trust."

Kang Bongho, Head of Service Business Division at Fasoo AI, commented, "Fasoo Block, based on private blockchain technology, is an economical and efficient solution to ensure data reliability and transparency. Leveraging the Donghaeng Lottery case, which was realized through joint design with the operating consortium, Fasoo AI will continue to expand the application of Fasoo Block to various industries such as finance, public sector, and logistics, where data integrity is critical."

This content was produced with the assistance of AI translation services.