Topic: South Korea will launch its own coin-coded "Seoul-Coin" - page 2. (Read 223 times)
In my opinion a larger advance of the South Korean government is to seek to decentralize this currency, showing that the digital world and the crypto world tend to be distributed rather than centralized in a small group. Anyway, it's great news and we can agree that it benefits the name and the concept of Bitcoin.
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Thanks for the reminder, I will keep this in mind, I'm trying to create quality posts Try to post some high-quality posts, and the chances of getting merit are higher.
That is, it will be a fully centralized coin. However, on the other hand, if in conventional ICO campaigns their tokens serve the interests of this campaign, then why not create tokens that can serve the interests of a large city, such as Seoul. I consider this to be normal. We need to conduct more different experiments in order to maximize the use of the crypto currency for human needs. Only in this way can the crypto currency be diversified and for a long time to enter our life.
Will be the positive news for the bitcoin price self, for the positive news where the government of South Korea want toe release and create new digital coin for application their coin. It will be more benefit for the bitcoin it self, most the fact will be make the bitcoin self will grow up because one of the famous country have allow their coin for making the transaction for their country, will be positive news for the member bitcoin of the South Korean country, I thin they will glad of this information, maybe at the other country will make the same thing.
First of all, this is a reprinted article. Don't overdo it by asking people to give you merit, which may be offensive.
Try to post some high-quality posts, and the chances of getting merit are higher.
Try to post some high-quality posts, and the chances of getting merit are higher.
Seoul City will also apply blockchain technology to its administrative operations, using its own currency as a means of payment.
Seoul, South Korea is planning to launch its own encoding currency, S-Coin. According to the report, S-Coin will be used for government-funded social welfare activities.
Mayor Park Won-soon announced the plan in an interview with CoinDesk Korea last week. Mr Park also said the city would set up a fund for blockchain technology development and blockchain-related startups.
Park said, "Seoul is one of the world's leading cities for information and communication. In this fourth technological revolution, I think we should study new technologies like blockchain. "
Just as Estonia is adopting a blockchain in its administrative activities in the government, Park said that Seoul could also apply blockchain technology to its administration. For example, public transport in the city, or subsidized youth.
In addition, Park believes that S-Coin can be used as a payment method for city-sponsored welfare programs. For example, health care programs for people, or help students find a job.
Seoul was the first city in South Korea to introduce a roadmap for the development and application of blockchain technology. In November 2017, the city government contacted Samsung to plan a strategy for platform-based innovation.
References: coindesk
Seoul, South Korea is planning to launch its own encoding currency, S-Coin. According to the report, S-Coin will be used for government-funded social welfare activities.
Mayor Park Won-soon announced the plan in an interview with CoinDesk Korea last week. Mr Park also said the city would set up a fund for blockchain technology development and blockchain-related startups.
Park said, "Seoul is one of the world's leading cities for information and communication. In this fourth technological revolution, I think we should study new technologies like blockchain. "
Just as Estonia is adopting a blockchain in its administrative activities in the government, Park said that Seoul could also apply blockchain technology to its administration. For example, public transport in the city, or subsidized youth.
In addition, Park believes that S-Coin can be used as a payment method for city-sponsored welfare programs. For example, health care programs for people, or help students find a job.
Seoul was the first city in South Korea to introduce a roadmap for the development and application of blockchain technology. In November 2017, the city government contacted Samsung to plan a strategy for platform-based innovation.
References: coindesk
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