Copy link
Increase text size
Decrease text size
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. >

To leave a comment, please sign in.
  • Bitcoin (BTC) $9,246.02 (-0.07%)
  • Ethereum (ETH) $240.90 (+0.54%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $229.65 (-0.66%)
  • Cardano (ADA) $0.132700 (+1.98%)
  • Bitcoin (BTC) $9,246.02 (-0.07%)
Feb 21, 2020 (Friday)
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
Brazil to launch new payment system in response to cryptocurrencies
Digital currency exchange Coinbase Pro lists Kyber Network token
Norwegian Air to soon start accepting crypto payments
Swedish central bank begins CBDC pilot with Accenture
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
Telecom companies complete cross-carrier mobile payments using blockchain
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
South Korean ICO project discontinued, to return $7.5M to token holders
Samsung maintains crypto support in soon-to-launch Galaxy S20
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
Coinbase becomes first crypto company to receive Visa principal membership
Dubai Economy and six banks launch KYC Blockchain Consortium
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.