Smart City Updates
Investment of $108 million to turn Seoul into blockchain smart city
Mayor Park Won of South Korean's capital city has revealed to invest a sum of 108 million dollars for making Seoul into a blockchain-powered smart city. Mayor had mentioned about his 5 year Blockchain Urban Plan, which will cover 14 public services in 5 major areas consisting of election voting, labor welfare, vehicle history management, donation management and certification issuance. As per the sources, the technology is believed to protect part-time workers who are generally not covered by employment insurance and shall pave a way for all the individuals to share their data securely and with less paperwork.
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