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Briefing
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- Cryptocurrency Rewards – Government of Seoul, South Korea plans to implement program that rewards citizens with S-coins for use of public services, such as paying taxes and participating in opinion polls
- Redemption – S-coins can be used to pay for goods and services from mobile device through QR code-enabled network ZeroPay
- Identity Authentication – Another blockchain project aims to allow citizens to authenticate their identity and send qualifications without paper documents when using public services
- Part-Time Workers Blockchain – Enables part-time workers to sign employment contracts, track work history and time sheets, and register for social insurance
- Availability – Projects, which will be operated by private enterprises, will launch in 2019 Q4
- Other Blockchain Initiatives – Include smart healthcare, donation management and online certificate verification, part of 14 projects announced worth 127.3 billion won ($105 million), with estimated completion date before 2022
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Accelerator
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Market Disruption
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Sector
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Government (excluding military), Healthcare/Health Sciences
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Function
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Customer Experience and Service, Human Resources, IT Infrastructure, Research and Development, Sales and Distribution Channels
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Source
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Original Publication Date
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September 7, 2019
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