Waltonchain partners with Korean Standards Association on blockchain

17 Jun, 2018
by Ryan McInally
News
Waltonchain partners with Korean Standards Association on blockchain

The Walton Blockchain institute signed an agreement with the Korean Standards Association, (KSA) on June 11.

The purpose of the partnership agreement is to promote top notch research and development in the field of blockchain technology and implementation. This is South Korea’s latest effort to be a leader in the integration of blockchain technology.

Last week, Waltonchain announced the grand opening of a blockchain and technology institute in South Korea’s capital Seoul. The purpose of the institute is to promote research and continue the development of blockchain technology through education.

Waltonchain and the KSA believe that through their partnership and education initiatives they can bring about large-scale benefits to the blockchain industry. According to Lim Hyeon Cheol, the managing director of the Korean Standards Association reaffirmed this position by stating, “The achievement of the blockchain education is our current priority and the cultivation of blockchain talents is the cornerstone for the development of the future blockchain technology.”

Through the partnership they also identified a need for a system of private certification and verification for blockchain. The Waltonchain intends to offer training courses and expert qualification certifications during the second half of this year. The last goal of the initiative is to ensure that policy created is sensible and beneficial to not only the blockchain industry, but also the government and the citizens of South Korea.

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Read more about: Waltonchain (WTC)

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