South Korea to invest $4 400 million in which it will include the Blockchain technology for the year 2019
South Korea is still betting on blockchain technology, which is why I announce an investment of 5 billion of won equivalent to $4 400 million of dollars included within eight other sectors of the economy of the country for the following year According to local media report Yonhap on August 13th.
South Korea currently ranks third in the Criptomonedas market is one of the largest after Japan and USA, with its capital Seoul is very interested in becoming the place that is at the forefront of innovation worldwide , and to achieve this his government has opted to increase the budget in areas such as blockchain, Artificial intelligence and big data by 65 percent with respect to calculations in the year 2018.
South Korea through its Ministry of Finance stated that in the next five years, the figure could amount to 10 billion of won and similarly would have close to 10 000 specialists in those same sectors up to 2023 with a cost around 60 billion D and won equivalent to $53 billion dollars.
To be attentive as in September will again open a program for the training of young people in Blockchain technology, Artificial Intelligence and other additional fields serving as a means to reduce youth unemployment that event will be Sponsored by the Ministry of Science and Information of South Korea.
Great article, @ernick!