• Sat, 25 May 2019, 03:36 PM
  • All times are UTC
  • Edition:
    International
Link copied

Blockchain Law Society set to debut in South Korea

Tue, 21 Aug 2018, 07:17 am UTC

South Korean blockchain experts have announced plans to launch the Blockchain Law Society to study the legal issues surrounding this emerging technology, Yonhap News reported.

The study group will invite experts from various fields, including legal, academics, and industry experts. It will focus on various legal aspects related to blockchain technology as well as blockchain-related legislation.

CoinDesk reported that the initiative has been founded by Jung-yeop Lee, the presiding judge of the district court in the city of Daejeon. Lee intends the society to drive dialogues within the country's justice and legislative sectors, as well as elsewhere in society.

"Blockchain Law Society was founded not only to study blockchain technology from a legal aspect but to promote interdisciplinary collaborations between diverse areas, such as economics, computer engineering (and) field business," the organization said.

The official launch ceremony will be held on Friday, August 24. According to Korea IT Times, the launch event will focus on:

  • “How to design crypto currency and crypto exchanges
  • Research on reward system of Blockchain Law Society
  • Blockchain and the civil society
  • Accounting and taxing methods related to blockchain
  • Using blockchain in copyright contents
  • Blockchain-a tool for programmable economy
  • Civil law issues regarding smart contracts
  • Research on legislating fundamental law on blockchain
  • Blockchain innovation, a tool for internalizing externality
  • Blockchain and the criminal law
  • Research on revitalizing blockchain industry by regulatory sandbox
  • The present and the future of online platform of Blockchain Law Society”

The South Korean recently unveiled its ‘growth through innovation’ investment plan for 2019 in which it has allocated over 1 trillion won towards big data, blockchain, and sharing economy. In addition, the National Assembly’s extraordinary session is going to discuss measures to encourage blockchain and cryptocurrency ecosystem in the country.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $8,060.93 (-0.09%)
  • Ethereum (ETH) $252.04 (-0.42%)
  • XRP (XRP) $0.387700 (-0.57%)
  • Bitcoin Cash (BCH) $408.55 (-2.09%)
  • Litecoin (LTC) $101.84 (+1.95%)
  • Bitcoin (BTC) $8,060.93 (-0.09%)
May 24, 2019 (Friday)
12:18
Crypto Technicals: ETH/USD retraces above 1H 200-SMA, 'Hammer' on daily charts signals further gains
10:50
German engineering giant Bosch trials Ethereum blockchain
10:39
Crypto Technicals: BTG/USD grinds higher along 21-EMA, breakout at 61.8% Fib (25.74) will accentuate gains
09:33
Bank of Russia to review proposal on gold-backed cryptocurrency
09:17
Blockchain software firm Unstoppable Domains raises $4M from Draper Associates, Boost VC
08:45
Crypto Technicals: LTC/USD bounces off 21-EMA support, next bull target $109
08:45
Robinhood Crypto is now in New York
07:27
Facebook to launch its cryptocurrency 'GlobalCoin' in Q1 2020: Report
07:25
California resident sued for alleged $26M crypto Ponzi scheme
06:33
AT&T teams up with BitPay to become the first telecom to accept cryptocurrency payments
06:16
Rep. Swalwell accepting bitcoin donations in bid for US presidency
06:10
Grayscale receives FINRA approval to open Ethereum Trust to individual investors
05:12
Indian telco Airtel selects IBM for blockchain-based pan India anti-spam call solution: Report
05:07
Binance CEO CZ seeks compensation for reputational damage from Sequoia
04:06
Overstock.com’s blockchain subsidiary signs MOU with Lusaka city to develop land governance platform
03:57
Toyota, University of Tokyo, TRENDE to start testing blockchain-based electricity trading solution
03:14
Russia's NSD to roll out security token blockchain in June
May 23, 2019 (Thursday)
12:15
Crypto Technicals: IOT/USD holds 21-EMA support, retrace till 0.3185 (200-DMA) likely on break below
12:11
Coinstar extends bitcoin buying service to 21 US states
11:38
Crypto Technicals: BTC/USD bounces off session lows with 'Hammer' formation, bias neutral
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft