As the first overseas blockchain project certified by the Korean government, CVT was invited to attend the KCS course
Tags: Blockchain, Smart Cities, Technology, Cybervein

As the first overseas blockchain project certified by the Korean government, CVT was invited to attend the KCS course

Summary — — On September 15, the CyberVein South Korea operations team was invited to attend “KCS, C’ICON Innovation& blockchain should·Bio APM, Season3” as a new smart city solution consultant. And it has reached cooperation intentions with South Korea’s top 50 multi-value companies. The cooperation fields involve vertical industries such as smart finance, smart medical, and smart payment. CyberVein Follow Sep 23, 2020 · 4 min read

Head of CyberVein Korea is at second position from the left on the second row

CyberVein has become South Korea’s hottest overseas blockchain project

Since June, CyberVein has actively promoted its layout in the Korean market. In view of the lack of feasible industry implementation results and regional resource support for many blockchain projects, CyberVein has demonstrated and established a promising development prospect for the Korean blockchain market with its own mature smart city solutions and numerous implementation cases, and a strong role model image. As a result, it has attracted the attention of the Korean blockchain market and has become the most popular overseas blockchain project in South Korea. It has been highly valued and favored by the Korean government and parliamentarians.

As the only overseas project recognized by the government in South Korea, CyberVein attended high-end conferences

Recently, CyberVein, as the only overseas blockchain project recognized by the Korean government, was invited to attend the “Innovation and Blockchain, Biotechnology CEO Course” hosted by KCS. The course has been held in Korea for more than 20 years. The auditing requirements of participating companies are very strict. Each course only invites CEOs of Korean companies with a quarterly net income of more than 50 billion won (Korea won) in the month. This time, nearly 30 representatives of large local Korean companies attended. At the same time, CyberVein, as the first overseas project participant, gave a special speech on “CyberVein DAVE New Smart City Solution”, and demonstrated the technology and results of DAVE’s four core solutions of “PISR database, DAG storage chain, distributed computing power integration, and federated learning”.

In the course, Jonglin Mo, a professor at Yonsei University, a pioneer of smart cities in South Korea, highly recognized the CyberVein DAVE smart city solution and said that CyberVein can create a new digital infrastructure of integration + flexibility + intelligence for the construction of Korean smart cities, which will be the key to urban development. What’s more worth mentioning is that Jonglin Mo also made a special statement to CyberVein: “To CyberVein: please enjoy the creation of a people-oriented smart city!” to express encouragement and recognition.

After the meeting, the former Deputy Prime Minister of South Korea, Wu Ming, had an in-depth exchange with the person in charge of CyberVein Korea. In addition, the deputy mayor of Seoul, the mayor of Busan, the mayor of Sejong, the mayor of Jeju and other high-level politicians all exchanged with CyberVein on the construction of smart cities that have been conducted, and cooperation intentions have been proposed. CyberVein is expected to use technologies such as big data storage, data center, and federated learning to encrypt data streams to create smart government affairs for multiple cities in South Korea within this year.

CyberVein shines in the Korean market

In addition to the recognition of high-level government officials, more than 10 Korean companies in the approached CyberVein, hoping to join the CyberVein DAVE smart city ecosystem. To open up the different channels, and connect the three-terminal traffic of government, public, and enterprises/organizations, to improve the comprehensive capabilities of smart cities, and help enterprises to transform, intelligentize and digitalize.

Under such an opportunity and environment, CyberVein has enjoyed more opportunities for brand exposure and technical evangelism, and has full contact with politicians in various cities in South Korea and the top 100 companies in South Korea, laying a good foundation for CyberVein Korea’s deployment of smart cities.

Next, CyberVein will attend each high-end corporate CEO course hosted by KCS, as a consultant for new smart city solutions, to introduce and guide Korean government and enterprises in the smart transformation and upgrading, so that CyberVein can get the most extensive publicity. It is a big plus for the cryptocurrency market publicity and publicity of CyberVein.

At the same time, as a co-organizer, CyberVein will attend the 10th “World Blockchain Summit-Marvels Seoul 2020” jointly hosted by Seoul, Busan and Jeju City on October 20. The summit is the most anticipated event attended by entrepreneurs, developers, investors, and expert speakers who have led the global blockchain and artificial intelligence industry so far. It is also the only conference held regularly in South Korea.