South Korea's Next Industrial Revolution Includes Blockchain Technology.

South Korea's Next Industrial Revolution Includes Blockchain Technology.

2018-08-11 | Selina Mathew

South Korea's Next Industrial Revolution Includes Blockchain Technology.

The Ministry of Science and ICT believes the country faces a worldwide transformation referred as the Fourth technological revolution. In this step of revolution associated, the country believes supporting innovation across all of society by building an ecosystem that promotes autonomous analysis and further promotes the technological growth.

Innovation growth firms cited by the ministry embody blockchain, computer science, big data, cloud, video game, increased reality, self governing vehicles and drones.

The ministry has declared these events under the list of its courses that cover these subject areas. The courses, the ministry believes, can facilitate improve employment opportunities for youth in the country. South Korea is presently the third largest cryptocurrency market besides Japan and therefore the U.S.

The Policy officer at the Ministry of Commerce stated this as:

“Although the youth employment issue is rising as a social drawback, the matter of job mismatch is serious.The ministry will thereby try to match companies as per youth talent thereby creating new job opportunities in the country.”

The Ministry further stated that several companies, universities, trade associations, industry/academic and other organizations are all committed up for increasing youth employment opportunities through coaching in the country.

The project plans to recruit trainees in August and can promote then the through numerous media like the websites and academic establishments.

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