November 09, 2018 304By Adrian Barkley
“Everyone agrees that the blockchain is a technology [that will] change the future. We basically need to grow in the market [...] We will also need institutional and legislative support from the National Assembly [Korean parliament]. I look forward [...] for the development of the blockchain industry in Korea.”Prior to this, an organisation of the South Korean Ministry of Science and ICT, the Korea Internet and Security Agency already initially made revealed the plans of the government to spend just under $10 million to spread blockchain projects throughout the public and private sectors. Last month, the national watchdog also known as Financial Services Commision in South Korea, warned that investing in digital currency funds could be going against the countries Capital Markets Act. This shows that the country wants to make a bigger deal out of cryptocurrency and blockchain. By putting more money into the budget for blockchain it’s clear that they are eager to see more come from this technology What are your thoughts? Let us know what you think down in the comments below!