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South Koreans Spend Average $6,000 in Digital Assets, Survey Says

The investors and businesses in South Korea are increasingly spending fiat money on digital assets, according to a report by the South Korea media outlet Arirang Daily News last week. As revealed by...

| Apr 28, 2019 04:00

South Korean Telecom Giant KT Introduces Blockchain 5G Service

On April 16th, South Korea’s largest telecom company KT Corporation has officially introduced blockchain technology fifth-generation cellular networks (5G). According to The Korea Times reports, the...

| Apr 20, 2019 04:15

South Korean Lawmakers Requested Government to Ease Crypto and Blockchain Regulation

A bipartisan group of South Korean lawmakers requested the government to ease the regulation of cryptocurrencies and blockchain technology. Against the Democratic Party’s deregulation, these...

| Apr 09, 2019 04:00

South Korea’s SBI Savings Bank Now Uses Mobile Blockchain Authentication

With the help of ICONLOOP, South Korea’s SBI Savings Bank has launched a blockchain-integrated personal authentication service dubbed “SBI Simple Authentication” on its mobile banking app....

| Apr 03, 2019 04:20

Deconomy: Seoul 2019 – Korea

About the event Deconomy is going to be held in Seoul, Korea on April 4th and 5th, 2019. This is an annual event where global influencers and leaders around the world gather to share their insights on...

| Feb 22, 2019 04:12

Seoul Plans $1 Billion Investment in Blockchain by 2022

The metropolitan government of the South Korean capital has officially announced (Feb 18) it plans to invest 1.2 trillion won ($1.07 billion) by 2022 in blockchain and fintech startups. Its Seoul...

| Feb 22, 2019 03:55

South Korean Telecom Giant Is Selected to Create ‘K Token’

KT Corporation, the leading telecommunications firm in South Korea had been chosen to develop a local cryptocurrency in the city of Gimpo. ZDNet Korea – a local media outlet – reported on...

| Feb 18, 2019 04:40

Seoul District to Apply Blockchain-based Evaluation System for Administrative Transparency

The Yeongdeungpo-gu district, a district in the South Korean capital, has declared that it will implement blockchain technology to its proposal evaluation system. According to the local news agency...

| Feb 12, 2019 14:22

South Korean Political Party to Use Blockchain Voting in Youth Committee Election

The Liberty Korea Party (LKP) – the largest opposition party in South Korea – has recently formed a partnership with ioeX. In a press conference to announce the venture, LKP said the...

| Feb 12, 2019 04:00

The First Korean Stablecoin was Launched

First South Korea’s stablecoin backed by Korean won, KRWb has been officially launched by BXB Inc. 400 million KRWb coins have been released to the equivalent value of KRW. According to The News...

| Feb 07, 2019 04:02