‘Blockchain-Based Integrated Citizen Platform Construction and Operation Pilot Project’ Business Agreement … Busan City · Busan Bank

Busan Bank and 'Blockchain-Based Integrated Citizen Platform Construction and Operation

Utilizing Blockchain Technology... Expected to Revitalize the Local Digital Economy

On the 6th at 2:30 PM, Busan City will hold a business agreement ceremony with Busan Bank in the main auditorium on the first floor of City Hall to promote the 'Blockchain-based Integrated Citizen Platform Construction and Operation Pilot Project.'

Busan City Hall.

The 'Blockchain-based Integrated Citizen Platform' is a blockchain-based digital operating system designed to provide citizens with integrated services related to the application, receipt, and use of support funds for various support projects promoted by Busan City.

The agreement ceremony will be attended by Mayor Park Hyung-joon, Busan Bank President An Gam-chan, and other related officials.

Following the agreement ceremony, a 'Citizen Experience Evaluation Group Launch Ceremony' will be held, with about 200 members from civic organizations such as the Small Business Federation, the Korea Voters Federation, the Corporate Support Association, and the Junior Chamber of Commerce participating to reflect citizens' voices in this pilot project.

Through this agreement, the city plans to build and operate an integrated platform that encompasses not only administration and public services but also private services, enabling citizens to easily enjoy various benefits, and to create a sustainable local currency ecosystem to revitalize the regional digital economy.

For the blockchain-based integrated citizen platform construction and operation pilot project, Busan Bank will invest 3 billion KRW over two years, and will promote pilot projects for highly effective citizen-centered public services, including ▲building its own mainnet capable of integrating related services ▲establishing a digital citizen ID service to provide convenient simple authentication and qualification verification services ▲linking policy funds (such as childbirth support funds, child allowances, and small business support funds) from application to receipt in a one-stop process ▲linking a volunteer bank to strengthen communities and solve social problems ▲providing citizen communication services and convenience services.

Mayor Park Hyung-joon emphasized, “Through this agreement and pilot project, we expect to provide citizens with various public and private services based on blockchain,” and added, “We will do our best to secure new growth engines for the regional economy through blockchain technology and to make Busan a blockchain-specialized city and a digital finance hub city.”

This content was produced with the assistance of AI translation services.