On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country.
According to UpDown Korea, Cho Eun-hee, who is the local government leader of one of Seoul’s most affluent districts, believes that it is the “right time” to start using blockchain technology, “so any citizen can easily propose their opinions.”
The official from Seocho called on the country to take on a greater role in our “rapidly changing modern society” in the wake of the coronavirus pandemic, referring to recent decentralized innovations as the “fourth industrial revolution.”
If his proposal becomes a reality, it would be the first blockchain platform in the country that would allow citizens to decide on local political affairs.
Cho also stated that blockchain technology is the most “suitable for upgrading democracy”:
“In the future, we plan to realize a direct democracy that everyone can trust by actively introducing blockchain to prevent security and forgery, and to this end, various businesses such as a blockchain academy that combines blockchain and administration, and smart senior business will be implemented.”
The government official believes that the district’s efforts could be “the foundation of a nationwide” blockchain adoption in the country, and that such a platform could allow citizens to engage in secure political discourse.
Back in April, the Vice Minister of Strategy and Finance, Koo Jun-cheol, said that the blockchain market represents a “golden opportunity” for the country. He also called on private sector companies throughout South Korea to exploit this potential.
Credit Source link