Korean gaming giant chairman thinks blockchain will be used in the future – Bitcoints

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Published on June 20th, 2018 | by bitcoin

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Korean gaming giant chairman thinks blockchain will be used in the future

Korean gaming giant chairman thinks blockchain will be used in the futureThe chairman of Netmarble, one of the largest South Korean gaming companies, believes that blockchain technology will soon be applied across all industries, local news outlet EDaily reports June 20.
Netmarble reported revenue of 1.5 trillion won (about $1.35 billion) in 2016, with a market cap of 12.86 trillion won (about $11.59 billion) today.
The Internet has made all industries convenient […] [Blockchain] is not a bubble because there are people who have invested in bitcoin.
It is a bubble for those who do not know, but an opportunity for those who know.”
Furthermore, the South Korean government announced a new positive direction for their cryptocurrency and blockchain legislation at the end of May, when they announced a plan to make initial coin offerings (ICO) legal again.

Source: Cointelegraph.com

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