Seoul News

Leading South Korean cryptocurrency exchange platform Bithumb has set up a research center to boost its blockchain-based offerings and services, the exchange announced in a blog post, January 7, 2020. Bithumb Looks to Bolster Its Services Bithumb, one of the…

Graph Blockchain Inc., a blockchain technology firm based in Richmond, Canada, has inked a strategic partnership deal with the Ministry of Transportation in Seoul, South Korea, to enable the former to develop a distributed ledger technology (DLT) that would enable…

South Korean news outlet Queen.co.kr reported May 20, 2019, that the Seoul city mayor Park Won-soon during the ‘Korea Future Forum & Blockchain Tech Show’ highlighted the use of blockchain and Ai in recording and storing data. He also spoke…

A scam group has been arrested in Seoul for stealing over $18 million from victims after being caught by an artificial intelligence (AI) program, Korea JoongAng Daily reports on April 8, 2019. Big Crime, Big Time Crypto-related crimes are quite…

KT Corp., South Korea’s behemoth telecom company, is preparing to roll out a blockchain-as-a-service (BaaS) in March of this year. Much like many other BaaS platforms, it will reduce entry barriers into the industry and foster an innovative ecosystem. This…

South Korea’s Ministry of Science and Information Communications Technology (ICT) has vowed to increase Government funding and support for the nation’s blockchain companies. According to Business Korea’s article published on September 21, 2018, the Government’s decision to boost support was…

The relationship between South Korea and cryptocurrency hasn’t exactly been a smooth one. Between the Chinese ICO ban and the ‘bitcoin winter’ of 2017, the crypto market flourished in South Korea. With China being inhospitable to cryptos, many stakeholders in…