On September 11, the top of the Seocho regional authorities proposed a blockchain-powered voting platform for residents, and praised the current inflow of crypto-related developments throughout the nation.
According to UpDown Korea, Cho Eun-hee, who’s the native authorities chief of one in every of Seouls most prosperous districts, believes that it’s the right time to begin utilizing blockchain expertise, so any citizen can easily propose their opinions.
The official from Seocho known as on the nation to tackle a better position in our rapidly changing modern society within the wake of the coronavirus pandemic, referring to current decentralized improvements because the fourth industrial revolution.
Cho additionally said that blockchain expertise is probably the most suitable for upgrading democracy:
“In the future, we plan to realize a direct democracy that everyone can trust by actively introducing blockchain to prevent security and forgery, and to this end, various businesses such as a blockchain academy that combines blockchain and administration, and smart senior business will be implemented.”
The authorities official believes that the districts efforts might be the foundation of a nationwide blockchain adoption within the nation, and that such a platform might permit residents to have interaction in safe political discourse.
Back in April, the Vice Minister of Strategy and Finance, Koo Jun-cheol, mentioned that the blockchain market represents a golden opportunity for the nation. He additionally known as on personal sector firms all through South Korea to use this potential.