South Korean companies will increasingly look to stablecoins and blockchain technology as they look to boost the number of people coming into the country to undergo cosmetic surgical procedures.
South Korea’s plastic surgery industry is worth an estimated USD 5 billion a year, and prior to the coronavirus outbreak, there had been a steady growth in foreign visits for “medical tourism” purposes – i.e. cosmetic surgery.
Blockchain business consultant Lee Jong-Cheol has advised cosmetic surgery firms in South Korea. He told Our,