Moneymoney

Thu Mar 14, 2019, 01:09 PM

South Korea launches new trade bill and electoral blockchain

Lawmakers in South Korea are reportedly introducing a crypto-friendly bill that will promote trading and exchange development while the government is working on a blockchain platform for voters.

According to Bitcoin.com, which cited local media, lawmaker Kim Sun-dong announced he initiated the Digital Asset Trading Promotion Act last week which “includes a comprehensive plan for establishing a guideline for promoting the development of virtual currency exchanges and blockchain technology, tax reduction and exemption, measures against hacking damage and prevention of market disturbances.”

South Korea is also developing a blockchain-based voting system, according to tech news outlet Zdnet. The Ministry of Science and ICT and the National Election Commission (NEC) stated that they will develop the system before the end of the year. It will increase transparency in the voting process by including an authenticated user system verifying the identification of voters in addition to providing users access to see their vote lodged and electoral progress.

Recently South Korea’s Internet and Security Agency (KISA) awarded its first information security management system (ISMS) license to a crypto exchange. Upbit was the recipient and became the pioneer, receiving the award for its strong infrastructure.

https://bitnewsbot.com/south-korea-launches-new-trade-bill-and-electoral-blockchain/

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Reply South Korea launches new trade bill and electoral blockchain (Original post)
uncledad Mar 14 OP
quad489 Mar 14 #1
uncledad Mar 14 #2

Response to uncledad (Original post)

Thu Mar 14, 2019, 01:15 PM

1. Suckers are born all the time...............up next, North Korea to start exporting VHS players.....

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Response to quad489 (Reply #1)

Thu Mar 14, 2019, 03:22 PM

2. NK hackers find them fast..

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