South Korea's National Pension Service plans to use blockchain technology in fund transaction system

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According to ChainCatcher, the National Pension Service (NPS) of South Korea, which manages assets worth 1,224 trillion Korean won (836 billion US dollars), plans to study how to use blockchain in its fund transaction system to improve transparency and security in managing deposits, withdrawals, and investments.

It is reported that NPS plans to initiate a preliminary disclosure process, inviting blockchain experts and companies to participate in discussions before officially launching the project.

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