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SOUTH KOREA COLLEGE ANNOUNCES LAUNCH OF BLOCKCHAIN CAMPUS

SOUTH KOREA COLLEGE ANNOUNCES LAUNCH OF BLOCKCHAIN CAMPUS

Suseong university, a Daegu based college has reached a deal with the Korea Artificial Intelligence Association (KORIA). The deal was made on the 22nd of May with KORIA to create a blockchain and AI campus in Daegu.

The local Media outlet Money Today stated that the Daego-based university plans to educate its students on AI, big data and cloud-based technologies from this new department. Students will be accepted by 202. 

The declaration also stated that few Daego-based blockchain organisations have agreed to provide training and work programs within the campus.

The newly set up university will have a user friendly service that will allow both university or college training and academic administration, this too will be done with experts or specialists in each field.

COVID-19, An eye opener to Blockchain Tech.

With the ongoing global pandemic, a lot of companies or different governments have turned their interest towards understanding blockchain tech with some planning to issue their own token or build infrastructure on the technology. 

Kim Kun-Charm, the executive of the Planning and Coordination Division of the University said that the world is rapidly growing into a blockchain and AI based Society due to the world wide COVID-19.

South Korea and Blockchain technology. 

On April 17th, Koo Yun-Cheol the vice minister of strategy and finance said that the blockchain market presents a golden opportunity for South Korea, calling for private-sector companies to exploit this potential.

On March 17th, two South Korean Ministries announced their support and the readiness to help in the Nation’s blockchain industry. They also declared their plans to assign up to 3.2 million dollars to aid new startups and companies to utilize such Innovations as Blockchain Technologies.

With a campus teaching individuals what blockchain tech is, we could see a lot of newly interested individuals in blockchain. New ideas could spring up from this. It also adds in making Crypto a clearly safe space to invest in right now.

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