Busan is developing an Ethereum-compatible mainnet to become a ‘Blockchain City’
The city administration behind the project aims to make Busan a blockchain city and has launched a $75 million development plan to realize the goal.
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The city administration behind the project aims to make Busan a blockchain city and has launched a $75 million development plan to realize the goal.
The goal of the new state-supported institution is to speed up the country’s industry through blockchain technology.
China’s push for blockchain technology gained steam after 2019 when President Xi Jinping called for corporations from tech giants to become industry leaders in the nascent tech.
Hedera Hashgraph intends to integrate the Now Platform to create a new level of trust and accountability in digital transformation transactions.