Blockchain development company in south korea

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Blockchain Development Company In South Korea

• www.bitdeal.net

2
Blockchain in South Korea

• As a cutting-edge-technology, blockchain has
  gained massive adaptation in 2018 and South
  Korea is making huge investments towards
  blockchain technology, following the nations
  tradition as a tech pioneer that fastly adopts
  the latest technologies.
• Since there are some exchanges and ICOs banned in
  Korea, It doesn't stop its investors in adopting
  Blockchain Technology. And this blockchain
  technology has gained mass adoption in industries
  such as finance, trade, logistics, and health
  care.

3
Blockchain Regulation in Korea

• In South Korea, there is no existing regulatory
  regime that mentions cryptocurrency as regulated
  assets. However, the Korean Regulators apply the
  existing Korean laws and regulations for
  cryptocurrencies.
• Busan a well-known Metropolis of South Korea has
  been declared as a regulation-free zone for
  blockchain development by the Korean Government.
  On July 24, The Ministry of SMEs announced that
  Busan, as the second-largest city in the country
  will adopt blockchain technology in various
  aspects such as finance, public safety and
  tourism, banking and a lot more.

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Blockchain Investment Records in South Korea

• 1. In 2018, Korea decided to spend 880 million
  on the development by blockchain technology by
  the end of 2019 with the RD program by Korea's
  Government that institutionalized a commitment to
  innovation.
• 2. Seoul, the Capital of South Korea - The
  largest Metropolis announced its blockchain plan
  of about 108 million that is to be implemented
  between 2019-2023.
• 3. The Korean Government in 2018 allocated 35
  million for blockchain technology development,
  which mainly includes a blockchain-based voting
  system.

5
Blockchain Projects in Korea

• As Korea is a pioneer in adopting new technology,
  there are many Blockchain projects supported by
  the South Korean Government. Here is a list of
  blockchain-related projects in Korea.
• 1. Blockchain in Telecommunication Networks
• 2. Blockchain for Identity Authentication
• 3. Blockchain in Most of the Korean Banks
• 4. Blockchain-based Education

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Blockchain Projects in Korea

• 5. The largest blockchain project ICON is used by
  the Government of Seoul to issue documents and
  perform a wide range of administration-related
  tasks.
• 6. The DAPA (Defense Acquisition Program
  Administration) has started implementing
  blockchain platform to protect them from the
  unauthorized alteration of defense business data.
• 7. The Korean Government has introduced a pilot
  project that uses blockchain to track the status
  of beef throughout the supply chain.

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Bitdeal- Blockchain Development Company in South
Korea

• As, knowing the potential benefits of blockchain
  development in Korea, Bitdeal started providing
  our exclusive blockchain development services in
  and around Korea. Our targeted metropolis in
  Korea includes Seoul, Busan, Ulsan, Daejeon and
  so on.
• We are happy in expanding our blockchain
  solutions for major Korean Industries such as
  Telecommunication, Government, Agriculture,
  Supply Chain and lot more.

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• Get a free quote for your Blockchain Project from
  Bitdeal Now !!