Busan, South Korea plans to issue blockchain-based technology bonds

According to Sina Finance, Yoo Jaesoo, deputy mayor of the Ministry of Economic Affairs of Busan, South Korea, said that as a medium-term pilot project, the ICO pilot project will be promoted and bonds based on blockchain technology will be issued. In addition, it plans to issue regional digital currencies based on blockchain technology, launch denominated exchanges, explore DApps with high activity, and build ecosystems for blockchain companies.