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# Seoul News

South Korean news outlet 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 of his plans to integrate the blockchain authentication system in...
April 8, 2019 by at Crime, News
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 wide and varied. There are more technical crimes such as...
February 22, 2019 by at Adoption, Blockchain, Business, Platform
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 according to a report from inews24, February 21, 2019. Blockchain-in-a-Box...
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 to assist blockchain startups with current challenges and help drive...
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 the Asia Pacific region flocked to South Korea. Then regulators...
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