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Korea Blockchain Roadmap
1. On October, 2016, Korea FSC declared that Korea FinTech will develop a two-step roadmap which aimed at alleviating unreasonable
regulation and improving Fintech system.
2. Bank of Korea Research Program focused on blockchain, which mainly concentrate
on payment, settlement and digital currency.
3. More and more Finance Institutes start adopting blockchain solutions.
Korea's Banks such as KEB Hana, Shinhan, Kookmin, Woori and Industrial Bank of Korea IBK, they have joint in R3 Alliance.
1. Blockchain promotion obstacle will be gradually
decreased.
2. Korea Finance Institute will set up Local Blockchain Association.
3. 2018 will be the starting point of large-scale blockchain application in
Korea.
4. Korea will proactively adopt blockchain application in main service and
system in 2018.
5. About 70%-80% of Korea Banks will adopt blockchain technology and undertake the
small-scale smart contract pilot.
6. The future of blockchain will be bright.
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