China-based Waltonchain spoke about the applications of blockchain technology in Korea’s food and water resources sectors before the newly established Korean Blockchain Company Association. China-based cryptocurrency company Waltonchain has delivered a talk on Korea’s Livestock Food Revitalization and ‘Innovative Power of Blockchain Beyond Information Age’ before the new Korean Blockchain Company Association.
According to an official translated Waltonchain tweet, “WaltonChain attended the inaugural meeting of the Korea Blockchain Company Association, held in the Congress Hall meeting room. In this event, the lecture was conducted by the CTO of Waltconchain, the President, and the ‘Innovative power of Blockchain beyond the Information Age’, with Waltonchain and the Korean concentrated food and water movement headquarters.” This latest talk between Waltonchain and Korean officials has spurred a great deal of excitement throughout the Waltonchain community, particularly over reddit, as investors speculate on increased Korean adoption of Waltonchain’s RFID chip-based supply chain management system.
The discussion of Korea’s food and water resources here could be hinting that the nation is exploring possible use-cases for Waltonchain in this area. This is not the first time we have heard about South Korea and Waltonchain working together recently, as only last month on June 11th, Waltonchain partnered with the Korean Standards Association (KSA) to accelerate blockchain technology R&D, with the opening of a new blockchain technology institute in the nation’s capital, Seoul. Further reports also stated that this partnership will involve Waltonchain providing professional certification courses to ensure sensible policies are created by the KSA, to optimise the implementation of this new technology.
While we wait to hear more on this story, Waltonchain (WTC) price has been slow to respond to this news, up a mere 0.10% today. With Bitcoin getting a lot of attention at the moment over recent ETF speculations, perhaps WTC will have to wait until later for investors to begin banking on this new development.
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