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Perception about Blockchain in Korea

    • sanjay 기자
    • |
    • 입력 2019-01-02 10:40
    • |
    • 수정 2019-01-03 18:13

There is ample willingness to know and utilize blockchain technology among Koreans. A survey conducted by Incruit, a global HR media portal of Korea represents that blockchain and crypto-currency have been the most talked issue in the economic sector.

Several organizations and business conglomerates are waiting for the finalization of government regulations regarding the trade of crypto. Since there are many investors in Korea including the very young population, the government is examining the positives and negatives aspects of blockchain. However, it is expected that there would be enormous funds for Blockchain technology research in the upcoming months if the government regulates this industry, completely legalize it or reach up to any conclusion.

Many big corporate houses including the telecommunication and IT giants, banks and start-ups are involved in innovative research and marketing strategies. Digital assets like mining machine and wallet card are shining examples in this scene and therefore, blockchain technology must come up with new digital products in 2019 compatible to Crypto in the past.

Due to the recent downfall of cryptocurrency prices and losses faced by numerous investors, the perception about Crypto is adverse among common masses. However, based on recent researches, investments and global cooperation, it is believed that in the first half of 2019, the Blockhcain market in Korea will revive and new arenas will open for all digital users.

sanjay 기자 | [email protected]

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