Seoul Uses ICON’s Public Blockchain To Appoint Members Of Blockchain Governance Team

Blockchain, News | February 8, 2019 By:

The Seoul Metropolitan Government has issued mobile letters of appointment to its Blockchain Governance Team using a blockchain platform.

First announced last month, the Blockchain Governance Team is tasked to research the potential of blockchain in administrative services across several industries. The team consists of 100 citizens between the ages of 21 and 77,


ICON Showcases Three Blockchain Services For Seoul Residents

Blockchain, News | November 2, 2018 By:

Blockchain startup ICON, in partnership with the Seoul government, has demonstrated the three main components of its blockchain platform.

ICON is building a decentralized network that allows independent blockchains with different governances to transact with one another without intermediaries. The company is vying to be the first to connect South Korea through a massive-scale blockchain.


Seoul Mayor Announces $88.2M USD Blockchain Fund

Blockchain, News | October 5, 2018 By:

Park Won-Soon, the mayor of South Korea’s capital Seoul, has unveiled a five-year plan to promote blockchain industries.

The initiative, dubbed “Blockchain City of Seoul,” includes startup funds and the creation of business complexes. Speaking in Zug, Switzerland on Thursday, Park said that the city plans to create a 100 billion won ($88.2M USD) public-private fund to invest in blockchain startups by 2022.