Busan Sets Sights on Becoming Blockchain Hub Through Urban Blockchain!

Writer: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

Sep 21, 2023 12:29

Busan, South Korea’s second-largest metropolis, is making headway in blockchain know-how because it builds an city blockchain that will likely be suitable with Ethereum, Cosmos, and different platforms. In step with this, Busan has set its sights on launching a metropolis trade within the first half of 2024 that can allow buying and selling of tokenized treasured metals corresponding to gold, silver, copper, and oil. Town has additionally established a blockchain fund value 100 billion received, or roughly $75 million. With these strikes, Busan goals to change into a number one blockchain hub in South Korea and entice extra investments within the know-how.