South Korea's Jeju Island will invest 170 million won to conduct research on the international blockchain center city

According to the Jimin Daily News, Jeju Island, South Korea, held a preparatory report meeting on research services for the international blockchain center city on the 13th. It was announced that it will invest 170 million won before December to conduct research on the construction of an international blockchain center city. The project will be under the responsibility of Tilon, and under the terms of the agreement, Tilon will analyze the blockchain services available for the island and develop a strategy for these blockchain service models.