“Turn Busan into a blockchain-based city”…BWB conference held = South Korea

On the 9th, the blockchain growth vision of Busan, South Korea, was announced at the conference “Blockchain Week I” held at SIGNIEL Busan in Haeundae-gu, Busan.
It was released through ``Busan (BWB2023)''. Through this conference, Busan Mayor Park Hyun-jun expressed his thoughts on the future direction of Blockchain City Busan.
Publication of the ``Doctrinal Principles''. “Blockchain is a technology that overcomes the negative effects of data monopoly and concentration of authority that exist in today's digital society.Busan's urban infrastructure will be renovated using blockchain technology.
``We will build it as the first megacity constructed in Japan.'' Specifically, ``by 2026, all value will be tokenized and traded through the Busan Digital Asset Exchange, and block
"We will enable citizens to enjoy efficient finance through the Busan local currency, which is based on financial institutions." On this day, more than 120 domestic and international Web 3.0 companies will participate in the Busan Blockchain
Alliance” has started. This is a company dedicated to transforming Busan into a global blockchain city, and is working to create a regional blockchain industry ecosystem and revitalize the economy.
We plan to match. Participating companies range from banks to fintech, blockchain and digital securities platform companies.
First, Shinhan Bank, which has the highest interest in blockchain technology among domestic banks, will collaborate with BBA.
Fink, a fintech subsidiary of Hana Financial Group, Lambda 256, a technology subsidiary of Dunam, a Korean virtual asset exchange operating company Upbit, and Bithumb Korea's Tora
Also participating were CODE, a subsidiary in the Belur solutions field, Crypto.com, a global digital asset exchange, and ST Trading, a digital securities platform.
The next day, Kim Yong-beom, CEO of Hasside Open Research, said that in order for Busan to grow into a blockchain growth city, ``Busan needs to have tangible and intangible assets.''
"We need to connect digital assets with a focus on assets that are useful in real life." CEO Kim also said, ``Busan is a connected city.Beyond a financial center, it has also become an ocean center and a hub for Northeast Asian exchanges.
It has the characteristics of a communication hub, a K culture content center, and a special free zone for blockchain regulations. If we can successfully consolidate assets that are useful in real life in this environment, the vision announced by Busan City will become a reality.
It will become a reality," he emphasized.