blockchain Archives | Page 11 of 20 | Be Korea-savvy
S. Korea Uses Blockchain Technology to Trace Beef Supply Chain

S. Korea Uses Blockchain Technology to Trace Beef Supply Chain

SEOUL, Nov. 20 (Korea Bizwire) — The South Korean government said Tuesday it will use blockchain technology to track beef through the supply chain to provide consumers with information about the source of their food. The Ministry of Agriculture, Food and Rural Affairs and the Ministry of Science and ICT will jointly launch the pilot [...]

S. Korea’s Bithumb Eyes U.S. Security Token Exchange

S. Korea’s Bithumb Eyes U.S. Security Token Exchange

SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s top cryptocurrency exchange Bithumb has signed a deal with a U.S. fintech company to set up a security token exchange in America, industry sources said Thursday. The agreement with SeriesOne calls for Bithum to invest in and provide technical support for the establishment of the envisioned security [...]

The Future of Banking is Paper-free

The Future of Banking is Paper-free

SEOUL, Oct. 31 (Korea Bizwire) — In the near future, blockchain technology will be incorporated into real estate databases, allowing users to gain access to relevant official documents without having to submit physical certifications. The Ministry of Land, Infrastructure and Transport and the Ministry of Science and Technology yesterday revealed plans to create a real [...]

Blockchain System May Help Tackle Kindergarten Irregularities

Blockchain System May Help Tackle Kindergarten Irregularities

SEOUL, Oct. 22 (Korea Bizwire) — In light of reports of widespread irregularities that have occurred at South Korean preschools, which have escalated into a serious social issue, one educational expert claims that incorporating blockchain technology into school operating systems may be much more effective at tackling the irregularities at private kindergartens, much more so [...]

Blockchain is Reconstructing a New Ecosystem for the Development of Digital Financial Economy

Blockchain is Reconstructing a New Ecosystem for the Development of Digital Financial Economy

HONG KONG, CHINA, Oct. 5 (Korea Bizwire) – Risk control is the core of the financial industry and the foundation of all financial businesses. With the rapid development of the financial industry, the problem of management for asset cash flow needs to be optimized, the transparency and efficiency of the underlying asset supervision needs to [...]

Yesterday’s Internet Today’s Blockchain

Yesterday’s Internet Today’s Blockchain

HONG KONG, CHINA, Oct. 4 (Korea Bizwire) – According to Cryptoglobe report, the former Citigroup financial analyst Rohit Kulkarni believes that blockchain technology has created “massive damage” to the payment industry with a market size of $100 trillion. By analyzing the “intersections” between venture capital, initial public offering (IPO) markets and emerging financial technologies, Kulkarni [...]

Opportunity or Bubble, Digital Currency Market Valued at Hundreds of Billions of Dollars

Opportunity or Bubble, Digital Currency Market Valued at Hundreds of Billions of Dollars

HONG KONG, CHINA, Sept. 28 (Korea Bizwire) – Benefited from the blockchain consensus mechanism, the digital currency market realized an explosive growth in 2017, with its total market value surpassing USD 800 billion, the accumulated annual growth rate exceeding 3000%. However, 2018 saw the declining trend of digital asset market, with its total market value [...]