South Korea uses blockchain and other technologies to build next-generation local financial management systems

According to the Yonhap News Agency, the Korean Ministry of Public Administration and Security announced on the 19th that it will begin construction of the next-generation local financial management system (e-join), which will be used by all local governments across the country. New technologies such as blockchain, big data and artificial intelligence (AI) are being applied to next-generation systems to increase efficiency.