First China And now South Korea!

[fatima123 320]

China and Korea now going to launch it's own blockchain and their native digital coins may be this is not like crypto market but have some quality like crypto let's enjoy them. 

[shafi123 187]

First in chaina bolak chain market smd now a days it strat in south korea. Crypocurrecy is speard in all world slowly slowly. South korea eorks on the bolakchain project. Korea government fousus on the bolak chain merket and provide the fund to regulate the crypto currency.

[Sahbana 212]

The more countries that adopt Blockchain technology, the better the technology that will be born using the Blockchain foundation.

[Sumayya 493]

6 hours ago, Muniru said:

China and South Korea need to be leaders on cryptocurrency in cooperation residents gain invest deeply into blockchain technology and scores of fintech companies with in their nations state put blockchain progress first.
 

They don't have to be leader but they can be partner to achieve bitcoin aim

[babaji 1228]

It is good that a lot of countries are focusing on blockchain, but frankly it won't have much effect on the price of btc. However, it will have a very positive effect on the adaptability and acceptability of bitcoin as well as mass adoption.

[Investors Blog 385]

What do you expect from this countries, they are thinking 2 step backward and another 1 step forward toward adaption. We are simply dancing to the tune of the old baby boomers leaders to regulate the wealth of the people.

[Sid 589]

Indeed, South Korea is currently intensively investing in blockchain technology, no wonder in that country there is a faster adaptation of crypto currencies

[fuer44 1083]

not only China, it turns out that South Korea is also serious in developing the blockchain. This is good news and I hope that more and more development and adoption of the blockchain can make the crypto market pumped as well and the bull run can really come this year.

[kamalnewaz 150]

China is going ahead with crypto.Its population also are very interested to this.Korea also now coming in this sites intentionally, and after china, their position is now on crypto, and others nations are also coming forward on crypto.              

[el-Muhammady 718]

margin of individuals developed countries are right now considering the weight of bitcoin and blockchain system for their country and might relieve them improve. But for third planet cluntries, I think, they are remote behind progressive than other country
 

[teminalibug 309]

On 1/25/2020 at 12:05 AM, Ibn Usman Edozhigi said:

It makes sense to see all these too countries investing into crypto and blockchain it makes me feel that crypto is one step ahead

Or maybe those countries sees that bigger picture that crypto can not be stopped by prohibitions.

[Khannew 0]

Well I personally don’t believe a centralized, government controlled cryptocurrency is going to benefit us at all. But imitating this kind of step , They sure have some thing already planned.

[teminalibug 309]

2 minutes ago, MuhammadWaleed said:

Wow, a really interesting article in the crypto world. Well, it is not surprising that Korea undertook it, because now the age of technology, and cryptocurrency is very relevant, everyone wants to develop in it! I think, over time, it will fill all countries. 

It is gonna take a long time, but time is all we need right, and perhaps we wont live to see it.

[duncun007 3577]

13 hours ago, teminalibug said:

Or maybe those countries sees that bigger picture that crypto can not be stopped by prohibitions.

if they truly think that then they should just start accepting crypto and teach the young people about how to use it and what its future will be like.

[teminalibug 309]

3 hours ago, duncun007 said:

if they truly think that then they should just start accepting crypto and teach the young people about how to use it and what its future will be like.

It is too early for them to just accept it head on, they need to set somethings to minimize the impacts of crypto to them.

[teminalibug 309]

8 hours ago, abrar61 said:

Not only China and South Korea, but there are many other countries that are accepting it and I think the 2021 Block Chain is going to be a cathedral.

But all that will be the impacts of what is happening and gonna happen in this year 2020, especially the halving event.

[Winwill 10]

People in South Korea were always crypto savvy and after China's renewed interest in developing Blockchain technology after its trade problems with US, the decision by these Asian countries to develop and promote such technologies will spur other countries into developing their own which could be a win-win situation for all.

[Amirul Islam 382]

On 11/2/2019 at 3:18 AM, dhemasm said:

After China announced it would focus on Blockchain technology and encourage banks there to use Blockchain, South Korea also promised additional injections of funds or investment into the Blockchain sector. South Korea will invest $ 12.8 million in the Blockchain project in 2020, the Ministry of Science and ICT has confirmed in this regard. Per Fn News, the Sain and ICT ministries have outlined various expenditure plans that are expected to help provide impetus for Blockchain initiatives in the public and private sectors - and hope to provide training to Blockchain experts for generations to come.

The Ministry of Science and ICT said the Korea Internet and Security Agency (KISA), which has reported to the Ministry of Science and ICT, will provide "more than $ 8.6 million, this fund will later be used to develop services that can be used by public institutions and the private sector. " The Korea Internet and Security Agency (KISA) revealed they were looking to vote for and support a multi-year contract project - a Blockchain initiative that could be financially supported for several years.

In addition, funding of $ 3.4 million will also be provided by the National IT Industry Promotion Agency (NIPA), which is managed by the South Korean government, where the agency currently oversees Blockchain technology training course sessions for free. NIPA will further expand Blockchain knowledge through introductions, development, and coaching courses. Where, this will be present free of charge at Mapo, which is part of the administrative region of Seoul.

NIPA also has the duty to maintain "Blockhain companies and nurture Blockchain experts, of course," and will fund Blockchain training courses. Funds of $ 3.4 million will also be given in the amount of $ 342 thousand to invest in the Blockchain sector through selected Blockchain startups. Agencies related to the development of Blockchain in South Korea will also conduct research on "supporting regulations related to Blockchain". Not only that, a number of prominent companies and activists in South Korea have appealed to the government to change its attitude towards Blockchain policy.

Nevertheless, the city of Seoul has remained in its founding to support matters related to the development and investment in the Blockchain sector in the private sector, public Blockchain projects and cryptocurrency. The Ministry of Science and ICT in South Korea, talks about expanding the scope of the Blockchain, namely through testing the Blockchain project from short-term projects to medium and long-term projects. The ministry is currently working on 12 public Blockchain testing projects in the private sector, of which 12 Blockchain projects (an average of 80 percent are completed).

Read more here: https://coinvestasi.com/berita/tak-mau-kalah-dengan-china-negara-ini-janjikan-investasi-ke-sektor-blockchain/ (Indonesia)

I think China make crypto illegal first time. After that the whole market gone crash. After research about crypto they are launching their own blockchain. And south Korea follow this.

[Lunaa 238]

More country will follow the step of China by adopting blockchain technology and maybey making their own cryptocurrency too. Because China has a great influenced in the Economy of this world. What China does, will give some impact on other things. And now it's South Korea. It's just a matter of time until other follow them as well.

[Interface User 1070]

That's a good news because as we know China and Korea have a good equipment and technology to support Blockchain so I guess this will implemented properly. This is a new way to improve more the privacy.

[bentayebsalah 2280]

I think the majority knew it was only a matter of time before the blockchain technology was adopted by the majority of developed countries, including China and Korea

[Sapdrx 469]

In my opinion South Korea has been a frontrunner in crypto for quit some time. They are early adopters. This is what will happen in the rest of the world so keep your eyes on Asia.

[Nayan deka 317]

Another great step towards making cryptocurrency more loveable and popular among the people doesnot trust or knows about it, we need more initiative like this for cryptocurrency .

[Amir YT 202]

On 11/2/2019 at 3:18 AM, dhemasm said:

After China announced it would focus on Blockchain technology and encourage banks there to use Blockchain, South Korea also promised additional injections of funds or investment into the Blockchain sector. South Korea will invest $ 12.8 million in the Blockchain project in 2020, the Ministry of Science and ICT has confirmed in this regard. Per Fn News, the Sain and ICT ministries have outlined various expenditure plans that are expected to help provide impetus for Blockchain initiatives in the public and private sectors - and hope to provide training to Blockchain experts for generations to come.

The Ministry of Science and ICT said the Korea Internet and Security Agency (KISA), which has reported to the Ministry of Science and ICT, will provide "more than $ 8.6 million, this fund will later be used to develop services that can be used by public institutions and the private sector. " The Korea Internet and Security Agency (KISA) revealed they were looking to vote for and support a multi-year contract project - a Blockchain initiative that could be financially supported for several years.

In addition, funding of $ 3.4 million will also be provided by the National IT Industry Promotion Agency (NIPA), which is managed by the South Korean government, where the agency currently oversees Blockchain technology training course sessions for free. NIPA will further expand Blockchain knowledge through introductions, development, and coaching courses. Where, this will be present free of charge at Mapo, which is part of the administrative region of Seoul.

NIPA also has the duty to maintain "Blockhain companies and nurture Blockchain experts, of course," and will fund Blockchain training courses. Funds of $ 3.4 million will also be given in the amount of $ 342 thousand to invest in the Blockchain sector through selected Blockchain startups. Agencies related to the development of Blockchain in South Korea will also conduct research on "supporting regulations related to Blockchain". Not only that, a number of prominent companies and activists in South Korea have appealed to the government to change its attitude towards Blockchain policy.

Nevertheless, the city of Seoul has remained in its founding to support matters related to the development and investment in the Blockchain sector in the private sector, public Blockchain projects and cryptocurrency. The Ministry of Science and ICT in South Korea, talks about expanding the scope of the Blockchain, namely through testing the Blockchain project from short-term projects to medium and long-term projects. The ministry is currently working on 12 public Blockchain testing projects in the private sector, of which 12 Blockchain projects (an average of 80 percent are completed).

Read more here: https://coinvestasi.com/berita/tak-mau-kalah-dengan-china-negara-ini-janjikan-investasi-ke-sektor-blockchain/ (Indonesia)

We know about the history of China crypto. I think in 2014 China made crypto as illegal. After that they research it properly. Now they want to launch their own coin through blokchain technology. Also South Korea want to do that.

[Symphony 20]

As of now there's are no more progress on this development since both country are busy fighting COVID-19 virus in their countries. Lets just hope this will be over soon so everything will be back to normal once again