New Cryptocurrency Comes to KoreaApril 29, 2018
The arrival of Cryptocurrency would soon touch the lands of Korea. In the southern part of Korea, the mayor approved of the said plan. Park Woo-soon, the mayor, said that this would improve the paying process of each citizen in the Seoul. Payment of the welfare programs would be made fast and easy. It is also in the payment process in the payment sectors.
Mr. Park said that Korea is considered d to be one of the largest cities when it comes to the 4th industrial revolution. It would be more fitting to engage in the Cryptocurrency using study or in the forms of investing. It comes to the benefit of the welfare programs as well as the job seekers. The environment protection is also part of the process.
He also said that plan is a benefit for the projects made in the construction area. The master plan and the guide is set to open in the following months. The new technology is a turning point for those who are engaged in the welfare programs of the country. It also gives a big help to those starting to do business in the work of Cryptocurrency.
The innovative approach would lead to much more benefits shortly. In the present time, the necessity for the blockchain gives more opportunities. It is not sure if it would lead to success or not, but there is assurance that the 25 million people in the Seoul are expecting for its big effects. It means the utilization of the Cryptocurrency is on the largest cities.
However, there are also counties that are using blockchain as it’s more of payment. According to CNN.com, Dubai is using its digital currency in making all its transactions. The site states that it is in the process of both local and public debts.
In California, Berkley has been using cryptocurrency for a few years already. It gives the process of the municipal bonds to an accurate result. The digital currency makes its way to the payment and other cash processes made in the area; It would soon be beneficial to the people of the future.
Meanwhile, in the Marshall Islands, the use of digital currency proves to be in its planning stage. However, the plan would not be easy, but the people are hoping for the favorable response that it would give them shortly. It also serves as a turning point to not use the US dollar. Here, the chances of having process of payments in the industry are made fast and credible.
Furthermore, other counties are also gearing up to use the process in its payment and bonds. A few of these counties are Iran, Russia, and Valenzuela. It serves as an eye-opener to the great advantage made by digital currency in the lives of people. The future of cash and payments is digital currency. Its advantages are proven not only by South Korea but also other countries as well.