Foreign Crypto

  • North Korea is planning its own blockchain and crypto conference - Business Insi... (businessinsider.com)
    • North Korea plans to host leading blockchain experts from around the globe during a two-day conference on blockchain and cryptocurrency technologies.

    • The conference, called the "Korean International Blockchain Conference," was developed out of Pyoungyang's desire to show off their capabilities in the area.

    • It remains unclear who will be speaking at the conference — or how the event will work, logistically speaking.

    In an attempt to showcase their supposed technological prowess, North Korea will be holding a blockchain and cryptocurrency conference later this year.

    North Korea plans to host leading blockchain experts from around the globe during a two-day conference called, the "Korean International Blockchain Conference.

    "The event will take place October and last two days, according to Singaporean outlet The Straits Times.The conference itself will close with a meet and greet between North Korean industry leaders and the experts in attendance. There has been no mention if Kim Jong-Un will be in attendance.


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    North Korean leader Kim Jong Un gives field guidance at the Sci-Tech Complex, in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang October 28, 2015. 

    Reuters/KCNA    It remains unclear who will be speaking at the conference — or how the event will work, logistically speaking.

    Factoring in the country's notorious travel restrictions, there will no doubt be various challenges for international attendees.

    An informant told The Straits Times that North Korea are keen to show off their capabilities in the area.

    North Korea's capabilities when it comes to blockchain and cryptocurrency are anyone's guess. We're keen to see how this one will play out, especially given the less than desirable state of North Korean tourism right now.

    North Korea is gunning to show off its progress in the blockchain field, evidence suggests its citizens might be quite adept at spreading cryptocurrency malware.

    Read the original article on The Next Web. Copyright 2018. Follow