The Blockchain frenzy in South Korea has now reached the housing sector, with the nationwide govt pledging $1.27 million in investment for a blockchain-based platform that objectives rental citizens around the nation.
In keeping with ZDNet Korea, the South Korean Ministry of Science, or ICT, selected an area company, Ksign, to broaden a contact-free platform which can let citizens have interaction with digital vote casting, parking lot control, and different housing-based governance measures.
The platform may even assist with social distancing, stated the announcement. The undertaking’s creators additional famous that they be expecting it’ll “support public well being within the rental areas.”
House owners, citizens, and control will have the ability to use the platform, which may even supply video conferencing and digital fee answers.
Keo Ja-in, vp of Ksign, commented at the upcoming platform:
“We’re creating a DID that may be carried out to the token ecosystem through controlling non-public data and verifying the id through controlling non-public data. The objective is to additionally create a token ecosystem that can be utilized in any retailer.”
The pinnacle of the Seocho regional govt just lately proposed a blockchain-powered vote casting platform for citizens and praised the hot inflow of crypto-related trends around the nation.