South Korea will pilot digital vouchers based on CBDC deposit tokens
2024-06-18 14:57:49
South Korea's Ministry of Science and Technology Information Communication Technology and the Korea Internet and Security Agency (KISA) have announced an investment project aimed at boosting the development of the domestic blockchain industry. The project will invest 20 billion won ($14.50 million) in 14 projects. One of the larger public sector projects involves a central bank digital currency (CBDC) and digital vouchers. The program is one of only three projects to receive a 3 billion won ($2.20 million) budget.
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