Vote for Cryptopolitan on Binance Square Creator Awards 2024. Click here to support our content!

South Korea is looking to integrate blockchain in military operations

south korea blockchsouth korea blockch
11442

Contents

Share link:

In this post:

South Korea is now introducing blockchain technology is its defense systems. Recent news suggests that the DAPA just announced that blockchain platform will be introduced in the defense sector for the purpose of preventing any unauthorized alteration in the data of the sector.

The DAPA was made for administering projects that are going to improve the defense industry. The purpose of this integration is to secure the data in the defense database completely.

To achieve this goal a prototype version of the blockchain was launched by the SK agency for military acquisitions. Along with DAPA the ADD and the DTaQ. All of these three institutions are striving to achieve the same goal and that is to improve the reliability of the defense system. They plan to execute this plan by utilizing the blockchain technology.

Through the integration of blockchain, the paperwork inconvenience during the business proposal submission will now be automated. Unlike the conventional troublesome methods, this is easier and more efficient as it saves time and energy. Another plus point is that the system can carry out combined management of firearms transportation permits. This will help the defense companies as well.

Read Also  Sending BCH in Pictures: How the Unique Pixel Wallet App Works

Many government companies had their eyes on the blockchain technology since 2018. They had seen the visible prospects and benefits of integrating it into a system like government agencies. This is probably why they were so eager to try it out.

KISA plans to multiply the number of current prototypes blockchain initiatives and wants to increase blockchain adoption on a wider scale. It also claimed to increase the budget from nine million dollars ($9 million) for 2019 alone.

The integration of blockchain technology is on the rise in South Korea. This is because the Korean Ministry of Science, ICT and Future Planning along with the Ministry of Oceans and Fisheries have shown interest in integrating the technology in their systems too. They have also launched a prototype blockchain that aims to bring new facilities to the container shipping industry.

A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Editor's choice

Loading Editor's Choice articles...

Stay on top of crypto news, get daily updates in your inbox

Most read

Loading Most Read articles...
Subscribe to CryptoPolitan