Walton Blockchain Institute, Korean Standards Association Partner To Foster Blockchain Development

Blockchain, Education, News | June 18, 2018 By:

The Walton Blockchain Institute and the Korean Standards Association (KSA) is working together to promote top-notch research and development in the field of blockchain technology and implementation.

The Walton Blockchain Institute was launched earlier this month by radio frequency identification (RFID) and Internet of Things (IoT) supply chain management company Waltonchain.


Crypto Exchanges In South Korea To Be Regulated Like Banks

News, Regulation | June 15, 2018 By:

The South Korean government is planning to regulate local crypto exchanges like banks to ensure criminals do not utilize cryptocurrencies to finance illicit operations.

During an Anti-Money Laundering Policy Advisory Committee meeting, the Korea Financial Intelligence Unit (FIU) said they will oversee crypto exchanges and will impose the same regulations that are currently in place for banks.


IP Ventures, Hanwha Life Insurance Partner To Create Blockchain Hub In The Philippines

Announcements, Blockchain | June 8, 2018 By:

Philippines-based investments holdings company IP Ventures has teamed with South Korean insurer Hanwha Life Insurance to establish a regional blockchain network.

Founded in 2005, IP Ventures is an investment holding company focused on the Internet and new media space. Its strategy has been to invest in or incubate value-adding companies in high-growth industries and prepare them for an eventual liquidity event such as a trade sale or initial public offering (IPO).


Blockchain Platform ‘Monachain’ Launched By Electronics Giant LG

Announcements, Blockchain | May 14, 2018 By:

LG CNS, a subsidiary of of South Korean electronics giant LG, has launched its own blockchain platform.

LG CNS provides information technology (IT) services including consulting, system integration, network integration, business process outsourcing, and information technology outsourcing. Currently, LG CNS is Korea’s largest IT service provider and has implemented a number of large-scale public IT infrastructure projects.