The Korea Financial Investment Association has launched a blockchain consortium , comprising 10 blockchain tech companies and 21 financial investment firms . In addition, the committee is going to assist in the operation of the secretariat of the consortium and technical training sessions. The consortium has been described as a " first case " in South Korea and will function as a think - tank . Future projects include establishing a common standard for identification and the process of clearing and settlement .
The Korea Financial Investment Association has launched a blockchain consortium , comprising 10 blockchain tech companies and 21 financial investment firms . The consortium has been described as a " first case " in South Korea and will function as a think - tank . Future projects include establishing a common standard for identification and the process of clearing and settlement .