This is a good news but for blockchain and not crypto. Remember there was no a statement that mention crypto. Blockchain is about the changing the traditional manufacture into the modern one.
This news doesn't give any impact to the crypto.
Topic: The Biggest Telecom Operator in South Korea implements Blockchain Tech (Read 110 times)
November 09, 2018, 12:56:34 AM
November 09, 2018, 12:22:47 AM
In the last couple of months, more and more companies moved towards exploring blockchain technology. Presently, the report shows that South Korea’s state-owned telephone giant KT Corporation is starting its own blockchain-based commercial network. They have begun to create a blockchain system on top of the national telecommunication network. The expected benefits incorporate a more secure, and transparent network.
South Korea’s position towards cryptocurrencies and blockchain-based technologies has suddenly improved over the last months. The government is beginning to become more supportive of fintech projects is actively seeking regulations to create an innovation-friendly environment while maintaining the framework able to protect clients. These advancements, research endeavors showcase that Korea’s blockchain market is expected to increase by over 20 times before the end of 2022, from a value of $44 million this year to past $887 million four years from now.
South Korea’s position towards cryptocurrencies and blockchain-based technologies has suddenly improved over the last months. The government is beginning to become more supportive of fintech projects is actively seeking regulations to create an innovation-friendly environment while maintaining the framework able to protect clients. These advancements, research endeavors showcase that Korea’s blockchain market is expected to increase by over 20 times before the end of 2022, from a value of $44 million this year to past $887 million four years from now.
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