South Korea Includes Blockchain in $4.4 Billion Innovative Growth Plan
Cryptovest
Published Aug 14, 2018 08:49AM ET
Updated Aug 14, 2018 10:00AM ET
South Korea Includes Blockchain in $4.4 Billion Innovative Growth Plan
South Korea’s government has unveiled a plan for investment of five trillion Korean won ($4.4 billion) in development of several innovative sectors next year, including blockchain, the technology that underpins statement of Ministry of Economy and Finance showed on Monday.
Dubbed ‘Growth through Innovation’, the initiative aims to build the so-called platform economy and support eight pilot new technology projects.
“The government decided to focus on two platforms, a digital platform for big data analytics and a supply chain for hydrogen fuel cells, and announced four projects, in...
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