According to Foresight News, the Ministry of Science and ICT in South Korea, in collaboration with the Korea Internet & Security Agency (KISA), is set to launch a blockchain support plan in 2024. The estimated investment for this year is 20 billion Korean won, approximately 14.5 million USD. The funds will be used to develop public blockchain services and promote the commercialization of products from blockchain companies. The plan will support public blockchain projects including digital coupons related to Central Bank Digital Currency (CBDC), digital badges, and online voting systems.
