The Seoul Metropolitan Government will establish its first blockchain-based administrative services in November.
Police have reportedly used AI to spot a cryptocurrency Ponzi scheme in South Korea that cheated investors out of $18.5 million.
The Seoul Metropolitan Government has committed over $1 billion to invest in innovative startups by 2022, including blockchain firms.
The mayor of Seoul plans to invest $100 million over the next five years to develop the South Korean capital as a smart city powered by blockchain.
The South Korean city of Seoul is developing the 'S-Coin,' a cryptocurrency that could be used in social benefits programs.
Samsung SDS announced yesterday that it has signed an agreement with the Seoul Metropolitan Government to build out blockchain services.