Busan, South Korea will invest 42.4 billion won in blockchain and other technologies in 2020

The Busan municipal government said on the 24th that in order to achieve the "smart city Busan" goal, it has reviewed and confirmed the implementation plan for 2020 informatization. Judging from the implementation plan, the Busan City Government has invested 78.2 billion won in 110 businesses in seven fields including industrial information technology. Invested 42.4 billion won in 22 projects leading the smart technology in the fourth industry. These include blockchain, big data and artificial intelligence.