Cryptocurrency has been sending ripples throughout the global economy for quite a few years now. At first, it was an interesting topic defined by a specialty group of cryptocurrencies. Later, it turned into a craze as the unregulated exchange of altcoins was on the rise.
Blockchain Startup Swytch Teams With South Korean City Chuncheon To Accelerate Renewable Energy Consumption
Chuncheon, the capital of Gangwon Province in South Korea, has signed a deal with US-based blockchain clean energy startup Swytch to drive economic and environmental sustainability while reducing carbon emissions in the city.
Chuncheon, located in a basin formed by the Soyang River and Han River,
The South Korean government has announced that it will spending a total of 5 trillion won ($4.4B USD) to nurture eight critical sectors of the domestic economy, including blockchain.
On Monday, the country’s finance ministry unveiled its ‘growth through innovation’ investment plan for 2019.
Energi Mine develops products in the energy management sector and uses deep learning artificial intelligence models to trade and manage energy.
The governor of Jeju Island of South Korea wants the island to become the next Zug and Malta of Asia with favorable regulatory frameworks targeted at blockchain businesses.
Jeju Island is the largest island off the coast of the Korean Peninsula, and the main island of Jeju Province of South Korea.
Headquartered in Seoul, Shinhan Bank was the first bank in Korea,
South Korean biotech firm Macrogen is building a blockchain platform that would facilitate the transfer and storage of genome-wide data.
Macrogen is a public biotechnology company located in Seoul. The company focuses on providing research services to other firms engaged in biotechnology research and development.
South Korea’s Financial Supervisory Service (FSS) is urging local regulatory agencies and companies to collaborate on the development of an integrated blockchain stock trading system.
In a new study published by the FSS on Thursday, the agency examined the use of the blockchain by stock operators around the globe,
South Korea’s Financial Services Commission (FSC) has urged politicians to pass the country’s first cryptocurrency bill quicly in order to prevent money laundering and increase investor protection.
In an interview with Bloomberg, Hong Seong-ki, head of the FSC’s virtual currency response team,
KT Corporation, South Korea’s largest telephone company, has launched a new blockchain-based commercial network that claims to guarantee both processing speed and trust.
Called KT Network Blockchain, the company claims the network currently handles 2,500 transactions per second (TPS) with an aim of 10,000 TPS by the end of the year and 100,000 TPS by the end of 2019.