- Seoul mayor Park Won-soon unveils plan to promote blockchain industries with a $53.39 million fund that will develop blockchain regions in Seoul. Korean government will also create two business complexes to settle 200 blockchain-related companies by 2021.
"There's no doubt blockchain is the core technology of the fourth industrial revolution, which will shape the future IT industry. I will make efforts to help Seoul become the center of a blockchain industry ecosystem," Park said.
- New Clovr survey asked 1000 U.S. investors about cryptocurrency. Over 75% of Americans feel they know what cryptocurrency is.
Intresting fact: almost 40% cited "people I know were doing it" as a top reason for investing.
- The city of Valencia, Spain is planning a smart port based on blockchain technology.
“Starting from Valencia, we offer to use blockchain as a strategic option to provide transparency of logistic chain, from end to end, going further than our port itself. That means we’re planning to apply cloud technologies not only with our partners from Port Community Systems but also with all others.”
- Yale University, the Ivy League school, is getting into the market for cryptocurrencies. Yale University has invested in 2 cryptocurrency funds.
- The Israel Securities Authority (ISA) has integrated blockchain technology within its internal systems to securely deliver messages and information to regulated entities under its purview. The blockchain pivot will add another layer to ensure the credibility of data relayed to supervised entities, the ISA explained, verify the authenticity of origin messages, negate tampering by preventing them from being edited or deleted altogether.
Have a nice and productive week! See you next Monday!