Mark Mason
Well-known member
Seoul, South Korea Aims To Launch Its Own Cryptocurrency
Seoul’s Mayor, Park Won-soon, said that he wants to launch ‘S-Coin’ to fund public welfare projects and/or pay private contractors.
Park elaborated that “Seoul is one of the cities that are leading the Fourth Industrial Revolution” and that it is “natural (for the city) to study and invest in new technologies such as blockchain.” Park did not give specifics on the plan and it should be noted that he is up for reelection as Mayor in June of this year. However, he did say that this is part of the city’s “Blockchain master plan”, which intends to publish clear blockchain and cryptocurrency rules, regulations, and to cultivate a blossoming blockchain economy.
Read more: https://www.dashforcenews.com/seoul-south-korea-aims-to-launch-its-own-cryptocurrency/
Seoul’s Mayor, Park Won-soon, said that he wants to launch ‘S-Coin’ to fund public welfare projects and/or pay private contractors.
Park elaborated that “Seoul is one of the cities that are leading the Fourth Industrial Revolution” and that it is “natural (for the city) to study and invest in new technologies such as blockchain.” Park did not give specifics on the plan and it should be noted that he is up for reelection as Mayor in June of this year. However, he did say that this is part of the city’s “Blockchain master plan”, which intends to publish clear blockchain and cryptocurrency rules, regulations, and to cultivate a blossoming blockchain economy.
Read more: https://www.dashforcenews.com/seoul-south-korea-aims-to-launch-its-own-cryptocurrency/