Post
Topic
Board Economics
Re: Are Blockchain Projects in Northeast Asia can change the economy?
by
TeQuiero
on 15/07/2019, 18:30:59 UTC
Link Project, ICON Project, Klaytn in Japan and South Korea are starting their business. How these projects can change the local economy? Carry protocol and Contents protocol can be a good example for this.
Technically, those projects can contribute to their local economies but not really in the way they're suppose to be. For example, big MNCs such as Samsung or Sony can use Icon's blockchain to store data to track their products' authentication or control the logistics procedures... It's not the kind of current contribution (job creation) that they're doing. If blockchains is just fundraising then buying/selling tokens then it doesn't add up any value to the society.