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South Korean Government Trials Blockchain for Shipping Efficiency Boost

Two South Korean government ministries are exploring blockchain's potential to bring new efficiencies to port logistics......»»

Category: forexSource: coindeskDec 18th, 2018

South Korean Central Bank to Organize a CBDC Task Force

South Korea's central bank plans to hire additional experts as it studies digital currencies and blockchain technology......»»

Category: forexSource: coindeskDec 27th, 2019

South Korean Central Bank to Organize a CDBC Task Force

South Korea's central bank plans to hire additional experts as it studies digital currencies and blockchain technology......»»

Category: forexSource: coindeskDec 27th, 2019

Questions over Hyundai construction of Chilean bridge amid row with government

Chile's finance minister has sought to downplay a row between the government and the construction and engineering arm of South Korean giant Hyundai over a $740 million suspension bridge, saying disputes in such mega projects were "quite common.".....»»

Category: topSource: reutersDec 24th, 2019

Hyundai suspends Chilean bridge project in row with government

Chile's finance minister has sought to downplay a row between the government and the construction and engineering arm of South Korean giant Hyundai over a $740 million suspension bridge, saying disputes in such mega projects were "quite common"......»»

Category: topSource: reutersDec 24th, 2019

Power Ledger, Indian Government to Boost Renewables With P2P Energy Trading Initiative

Australian blockchain startup Power Ledger will pilot a peer-to-peer solar energy trading platform alongside an Indian utility firm and a government agency......»»

Category: forexSource: coindeskDec 3rd, 2019

Samsung SDS Beefs Up Privacy on Its Business-Grade Blockchain

Samsung SDS, the enterprise tech arm of the South Korean behemoth, is enhancing privacy on its Nexledger blockchain with zero-knowledge proofs......»»

Category: forexSource: coindeskNov 14th, 2019

A stream along the South Korean border turned red after the government slaughtered thousands of pigs infected with swine fever

A stream along the South Korean border turned red after the government slaughtered thousands of pigs infected with swine fever.....»»

Category: topSource: businessinsiderNov 13th, 2019

Korean Government to Back Blockchain Startups With $9 Million Fund in 2020

The Korea Internet Security Agency will be supporting blockchain-related projects in 2020 with about $9.0 million in funding......»»

Category: forexSource: coindeskOct 29th, 2019

Debt-Burdened HMM To Issue $562.4 Million Convertible Bond

South Korea-based ocean box shipping line Hyundai Merchant Marine (KRX: 011200) has revealed plans to issue a 660 billion Korean won (US$562.4 million) convertible bond. read more.....»»

Category: blogSource: benzingaOct 25th, 2019

Major Korean Banks Join Government-Backed Blockchain ID Initiative

Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data......»»

Category: forexSource: coindeskOct 21st, 2019

South Korean court upholds 45-day ban on Asiana"s San Francisco flights

South Korea's Supreme Court on Thursday upheld a government decision to suspend Asiana Airlines' Incheon-San Francisco route for 45 days, adding to the debt-ridden carrier's headaches as it battles rising competition and falling demand......»»

Category: topSource: reutersOct 17th, 2019

South Korea Aims to Put Trade Finance on the Blockchain by 2021

The government-backed program will bring trade and contract data into distributed ledgers......»»

Category: forexSource: coindeskOct 15th, 2019

South Korean Blockchain ID Service Raises $8 Million in Series A

Blockchain digital ID startup ICONLOOP received its first venture capital investment through an $8 million Series A round......»»

Category: forexSource: coindeskOct 14th, 2019

Korean Conglomerate CJ Develops Blockchain for Music Copyright

CJ, one of South Korea's largest conglomerates, is developing a blockchain-based music copyright management system......»»

Category: forexSource: coindeskSep 20th, 2019

Exclusive: Aramco Trading sells first U.S. West Texas Light crude to South Korea"s Hyundai - sources

Aramco Trading Company (ATC) sold its first-ever cargo of U.S. West Texas Light (WTL) crude, with a South Korean refiner the buyer, as the Saudi Aramco unit expands its U.S. oil dealings to boost trade volumes, four people familiar with the matter said......»»

Category: topSource: reutersAug 28th, 2019

Shinhan Bank Teams With Kakao’s GroundX for Blockchain Security Boost

One of the oldest and largest banks in South Korea has partnered with two fintech firms to build a new security system using blockchain tech......»»

Category: forexSource: coindeskAug 14th, 2019

South Korean Financial Overseer Who Banned ICOs Abruptly Quits

During his tenure Chairman Choi Jong-ku took a hard line against ICOs but enacted some favorable policies towards blockchain businesses......»»

Category: forexSource: coindeskJul 23rd, 2019

How lithium-rich Chile botched a plan to attract battery makers

In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles......»»

Category: topSource: reutersJul 17th, 2019

Samsung, SK Hynix ask Korean firm to boost chemicals supply amid Japanese curbs

South Korea's Samsung Electronics and SK Hynix have asked a local supplier to the boost supply of a key chipmaking chemical to guard against any production disruptions, an official at the supplier said on Tuesday......»»

Category: topSource: reutersJul 16th, 2019

Samsung Teams With Banks, Telcos for Mobile ID Network Based on Blockchain

Tech giant Samsung Electronics is joining six other major South Korean firms to develop a blockchain-based certificate and ID authentication network......»»

Category: forexSource: coindeskJul 15th, 2019