Korea Blockchain Weeks Seek to Solve Some of Crypto's Most Pressing Problems

Published on by Cryptoslate | Published on

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South Korea has always played a crucial role in crypto development and proliferation.

As one of the most technologically connected societies in the world, South Korea is ideally positioned to participate in the burgeoning crypto movement.

Despite a relatively small population, South Korea only falls behind Japan and the U.S., two countries with substantially larger populations, in Bitcoin adoption.

The country's 52 million people account for 17% of all Ethereum trades, and 2/3 of the world's crypto exchanges reside in South Korea.

The crypto boom hasn't been unambiguously positive for South Korea.

It is particularly apt that South Korea is preparing to host a flurry of cryptocurrency and blockchain related events at its annual Korea Blockchain Week.

Of course, Korea Blockchain Week is more than just meetings.

This particular panel is primarily comprised of industry leaders from South Korea and Israel, and it's expected to produce insights to bridge these two burgeoning crypto economies.

The mass adoption that characterizes the country is quickly being established on an international scale, and the associated problems that plagued South Korea exist on a global scale as well.

By bringing together experts and enthusiasts, Korea Blockchain Week may help facilitate new ideas and better solutions for the industry going forward.

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