A politician has called on South Korea to “urgently” prioritize the development of crypto security technology – stating that blockchain-powered finance is now an inevitable reality for the country, and the rest of the world.
Lee Yong-bin, a ruling Democratic Party MP and a member of the National Assembly’s Science, Technology, Information, Broadcasting and Communication Committee, was speaking at a Blockchain National Government Project event, which was sponsored by the parliament’s Legislative Policy Research Group, and jointly hosted by Lee himself.
He opined that a lack of unique security-related crypto technology could threaten to hold South Korean firms back in their quest to make a name for themselves on the domestic and global stage.
Per Break News, Lee stated,
