You are here: Home > articles > Forex > South Korea is at the forefront of blockchain technology adoption and integration
South Korea is at the forefront of blockchain technology adoption and integration
January 18, 2023 11:20 amVideo
Latest News
- Analysis of GBP/USD on April 26th. The pound trades on Friday without changes April 26, 2024
- USD/JPY: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- GBP/USD: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- EUR/USD: Simple trading tips for novice traders on April 26th (US session) April 26, 2024
- GBP/USD: trading plan for the US session on April 26th (analysis of morning deals). The pound attempted, but it didn’t go April 26, 2024
- EUR/USD: trading plan for the US session on April 26th (analysis of morning deals). The euro continues to rise April 26, 2024
- Trading Signals for GOLD (XAU/USD) for April 26-29, 2024: buy above $2,324 and sell below $2,352 (21 SMA – 6/8 Murray) April 26, 2024
- Technical Analysis – AUDUSD set to complete best week of the year April 26, 2024
- Will Apple finally drop its AI hint? – Stock Markets April 26, 2024
- Bitcoin slips as markets pare back Fed rate cuts – Crypto News April 26, 2024
- EUR/USD. April 26th. Bulls continue to advance after the GDP report April 26, 2024
- Can Chinese PMIs solidify the economy’s recovery prospects? – Preview April 26, 2024
- Weekly Forex Outlook: 26/04/2024 – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too April 26, 2024
- XM’s Lombok Collaboration: Brightening Futures April 26, 2024
- Week Ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too April 26, 2024
- Market Comment – Yen keeps sinking after Bank of Japan decision April 26, 2024
- Fed faces dilemma amid sticky inflation and slowing economy – Preview April 26, 2024
- USD/JPY: trading tips for beginners for European session on April 26 April 26, 2024
- GBP/USD: trading tips for beginners for European session on April 26 April 26, 2024
- EUR/USD: trading tips for beginners for European session on April 26 April 26, 2024
South Korea continues to be at the forefront of blockchain technology adoption and integration as it launches a virtual replica of its capital, Seoul, which is the first phase of a project dubbed as Metaverse Seoul. The project is reportedly the world’s first publicly available meta-universe platform supported by the city.
In a press release announcing the project, Metaverse Seoul is described as a three-part project that is expected to be completed in 2026. In the first phase, Metaverse Seoul will focus on improving the efficiency of public administration services and will allow citizens to use personal avatars to explore the platform and access various services such as citizenship confirmation, tax advice, mentoring for young people and a support center for stranded businesses.
The second phase, which is expected to be launched in 2024, will expand the services available, including real estate advice and connecting foreign investors with local businesses.
The third and last phase will focus on integrating virtual and augmented reality technologies to manage the city’s infrastructure. There are also plans to introduce blockchain technology, including cryptocurrency.
The material has been provided by InstaForex Company – www.instaforex.com