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South Korea Vows to Pump USD 111m into Blockchain R&D over Five Years

South Korea Vows to Pump USD 111m into Blockchain R&D over Five Years

South Korea has pledged to inject USD 111 million into the development of blockchain technology, with central government-sponsored research flowing until at least 2025. The move is the brainchild of the nation’s Ministry of Science and ICT, which has worked jointly on the initiative with the Institute for Information and Communications Technology Promotion – an agency under its jurisdiction.








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