Blockchain Association Stresses Domestic Mainnet Boost at Seminar

The seminar hosted by the Korea Blockchain Association began with a strong warning: South Korea, having missed past opportunities for platform hegemony, must not repeat the same mistake in the blockchain era. Senior Vice President Moon Youn...

Dec 4, 2025 - 00:00
 0  525
Blockchain Association Stresses Domestic Mainnet Boost at Seminar
The seminar hosted by the Korea Blockchain Association began with a strong warning: South Korea, having missed past opportunities for platform hegemony, must not repeat the same mistake in the blockchain era. Senior Vice President Moon Young-bae emphasized that blockchain is a next-generation national foundational technology that extends beyond mere cryptocurrency, constituting AI, data sovereignty, and public infrastructure. He stressed the urgent need to shift away from current regulation-centric policies and instead pursue the securing of indigenous high-performance mainnets as a national strategy, deeming it the critical root of future national competitiveness. Lee Sang-yoon, CEO of Bloom Technology, demonstrated the potential of Korean technology through their self-developed mainnet 'Locus Chain'. Utilizing innovative patented technologies like dynamic sharding and verifiable pruning, it achieves lightweight nodes and ultra-high-performance scalability, boasting hundreds of thousands of TPS. The demonstration showed its applicability to large-scale transaction industries such as gaming, finance, and public sectors. The fact that node participation is possible even on mobile devices raised expectations for the popularization of blockchain. Next, Kwon Hyuk-il, Honorary Director of Naver Happybean, introduced 'GiveFy', a blockchain-based next-generation value platform, presenting the concept of a 'value accumulation container' where user actions are converted into token value. In particular, the strategy to link the Korean Won-based stablecoin 'K-Bean' with K-culture and games to incorporate global consumers into the Korean Won economic sphere was an innovative vision that would simultaneously elevate national brand and economic power. This model is also applicable to various national policies such as welfare, environment, and education. In the panel discussion moderated by Professor Kim Ki-heung, Professors Lee Jong-hyuk, Yoon Suk-bin, and others participated, engaging in an in-depth discussion about the profound impact of blockchain technology on national competitiveness. All discussions converged on a single conclusion: an urgent message that if indigenous mainnets are not fostered now, South Korea will once again lose leadership in future core platforms. The seminar concluded with a strong proposal that blockchain is no longer an option but an essential national strategy, and that through it, the path to future prosperity must be opened.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0