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The Korea Radio Promotion Association (RAPA) and the Jeju University have signed a Memorandum of Understanding (MoU) for the blockchain-related industry and education in the Jeju area. 39th, exit of the Korean Economic Media of Seoul Economic Daily today, November 16th.
RAPA, the communications agency between the government and radio stations, and the Jeju University, located in one of South Korea's major research centers, Jeju Science Park, have agreed to work together to develop the technology blockchain within the relations between industry and university.
The agreement aims to create a blockchain ecosystem in the special autonomous province of Jeju to exchange ideas between academics and specialists in the sector, as well as to increase the competitiveness of national companies based on blockchain.
Earlier this week, the government of Gyeongbuk province of South Korea launched a "Blockchain Special Committee", with the goal of creating a blockchain hub and attracting investments for blockchain related activities, according to reports from Cointelegraph on November 15th.
One of South Korea's largest hospitals has also partnered with a local technology company in November to develop a blockchain technology service platform.
Also this month, the South Korean government agreed to triple the budget for blockchain projects in 2019 and to invest $ 35 million in the field of general accounting technology (DLT), Cointelegraph wrote on November 8th.
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