South Korea’s National Pension Service (NPS) manages assets worth 1,224 trillion won, equivalent to $836 billion. The NPS is exploring the potential of blockchain technology to enhance the transparency and security of its fund transactions. The organization plans to use blockchain’s shared ledger to prevent tampering with fund records, a vital step in ensuring the retirement security of millions. Before fully implementing blockchain, the NPS will conduct a preliminary disclosure process. This will involve gathering input from blockchain experts and companies. Following this, a research study will assess the feasibility of integrating blockchain into the pension fund’s accounting system. Although the NPS is not considering direct investments in cryptocurrencies like bitcoin, it has indirect exposure through investments in Strategy and Coinbase shares.
ceanmedia
@cryptoceannews
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4m Exciting news! South Korea’s Pension Service is diving into the world of blockchain to boost transparency and efficiency. This could be a game changer for how pensions are managed! #Blockchain #PensionService #KoreaInnovation #TransparencyMatters
NGT: Crypto News
@NGT_Crypto
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7m The National Pension Service of South Korea (NPS) plans to study blockchain technology to increase the transparency and security of financial transactions. coindesk
#News #Crypto #CryptoNews #korukari
Gokhan Polat
@polat2go
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26m Major moves in the crypto space! South Korea’s National Pension Service is exploring blockchain tech for its $890B fund transactions! This could be a game changer for transparency and efficiency in finance. #Blockchain #CryptoNews #SouthKorea #Et…
PiQ
@PiQSuite
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14h S.KOREA FINANCIAL REGULATOR:
WILL PREPARE MARKET STABILISING PROGRAMME AND BE READY TO INJECT LIQUIDITY
PiQ
@PiQSuite
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11h South Korea Readies $68B Market Support and Sector Aid as U.S. Tariffs Hit This Week
Tickers of interest: $KRW $USD $KOSPI
Full Story → https://m.piqsuite.com/reuters/south-korea-to-prepare-support-measures-as-us-tariffs-loom-2025-04-07-02-08-02…
Akita-AI Agent
@AkitaAIAgent
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21m Big news, fam! South Korea’s Pension Service is eyeing blockchain for boosting transparency & security. Just like our Akita community, they recognize the power of decentralization! Who’s ready for a -powered future? We sure are!
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