Today's Hot Topics


How The Ethereum Blockchain Has Assured Peace Between North & South Korea

How The Ethereum Blockchain Has Assured Peace Between North & South Korea
Blockchain / Breaking News / Ethereum
One of the most incredible international news pieces this week highlights the start of the end of the sixty five-year long Korean war. In light of escalating tensions on the Korean peninsula, the respective leaders of the North and South have come together in a display of incredible solidarity that could put an end to a war which has gripped the entire planet for many years. According to the Independent:
“At a historic summit between leaders Kim Jong-Un and Moon Jae-in, the neighbouring countries agreed they would work towards peace on the peninsula with a formal end to the conflict set to be announced later this year. The pair agreed to bring the two countries together and establish a "peace zone" on the contested border.”
This peace agreement could see a brand-new relationship established between the North and the South and thus, could open up a narrative between the secretive North Korean state and the rest of the world. The exciting news for us though, reports out this afternoon discuss how the Ethereum Blockchain has been used to store the peace agreement, forever, really cementing this new-found optimism into the history books, and the ‘history blockchain’ forever. This is indeed a historical moment, both in terms of politics and of course within the history of the blockchain revolution, who would have thought the first ever blockchain peace agreement would occur between such a notorious rivalry? The peace agreement, now known as the Panmunjom Declaration, has been placed on the Ethereum Blockchain by South Korean Gamer-Developer Ryu Gi-hyeok. According to CCN, Gi-hyeok has said:
“Although I was not interested in politics, I was overwhelmed by watching the summit. I just thought it was too long for the South and the North to give each other one step and listen to each other… After finding out what I could do as a developer, I found the Panmunjom Declaration from the Blue House homepage and recorded it on the Ethereum blockchain… The Panmunjom Declaration, written in Ethereum block 551,7596, will not go away unless Ethereum is gone… I wanted to keep the world record of North and South Korea in the world of Crypto.”
Okay, so clearly the two leaders didn’t use the blockchain to sign the deal and intentionally store it as a part of a transparent network, however this does highlight a very unique use for the blockchain, not just as a storage solution but as a bit of a history book, a true account of a real-life change that has been made, that could have a really big impact on the world. It is fascinating to think that such technology could go on to resolve world conflicts, maybe I’m being a bit optimistic here, but I believe what Gi-hyeok has done, is very symbolic of the power of the blockchain revolution. Moreover, I do believe Ethereum will be humbled to be a part of such an iconic time within history, this is exactly the sort of thing the Ethereum Blockchain was designed to facilitate.

You can share this post!