Park Won-soon, the major or the South Korean capital Seoul, has declared that they are going to launch South Korean cryptocurrency. This should create a better environment for cryptotechnologies and blockchain technologies development.
The major made this announcement in the 22nd of March, as well, he declared, that he would aim to create blockchain oriented commercial clusters and startups. All in all, according to his words, he will do his best to create the country into the cryptocurrency and the blockchain hub.
Park as well highlighted the potential of the blockchain technology application in all walks of life and industrial fields, especially in commerce and in all administrative functions of the city, especially such as transportation, public services, and so on.