RATE Group | An official city cryptocurrency will be released in Seoul
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An official city cryptocurrency will be released in Seoul

08 Aug An official city cryptocurrency will be released in Seoul

Posted at 16:21h in Cryptocurrency News by

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07/08/19 12:00 UTC-5

Seoul will release its own cryptocurrency
Seoul will release its own cryptocurrency

The local press in Seoul informed about the intentions of the city authorities to issue their own cryptocurrency, as well as introduce blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details technology in some areas of management. According to the information, the S-coin will be available for public testing.

 

Seoul cryptocurrency 

As reported, Seoul’s local authorities intend to implement blockchain technology by November this year. The blockchain in Seoul will support a document filing system, as well as an identity for residents of the city. Also, blockchain technology will be introduced to improve the work of the “Seoul resident card”.

In addition, as part of the blockchain program in Seoul, its own cryptocurrency will appear. The coin will act as a…

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