Published On: Sun, Feb 4th, 2018

South Korea Finance Minister: Cryptocurrencies are Necessary For Blockchains to Operate

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Kim Dong-yeon, the Finance Minister of South Korea, firmly stated that cryptocurrencies as incentive systems are necessary for public blockchain networks to operate. “Blockchain technology can disrupt and revolutionize the world. But, for open-source blockchain networks, cryptocurrencies are necessary as incentives for individuals to participate in the network.” Yeon’s statement was released this week, following… View Article

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