More Countries Continue To Show Support For Blockchain Technology

[Janation]

As we know that blockchain is a good kind of digital technology, it is always possible that there are many business, corporations and many more countries are supporting for this blockchain technology, for the find this technology very useful for the improvement of the different business strategy.

in cryptocurrency, there are indeed many companies that make their own coins. so that a project emerges. with more and more countries supporting it, more and more projects will emerge and develop their own coins

There are a lot of developers that wants to present their coins but they are not companies.

There are some groups or sites that release their own cryptocurrencies, and I think they already have a project to start with in their release of that certain crypto. Also, countries don't support their coins or cryptos or project, they have their own investors and that is the reason ICOs are being made by them. Without investors, that project will obviously end quickly.

[herminio]

More countries are supporting blockchain technology because they saw the potential of this technology regarding data processing and storing data inside this technology and it also helps those people who want to send money in any part of the globe with a single penny of fees.

[Jesabela04]

It is an advantage knowing that there are lots of countries who supports cryptocurrency. We should know that it is important that there would be countries which would accept crypto. It could help the growth of the blockchain market and it would also be helpful to a lot of users around the globe.

[Rebisco]

South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.

https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/

It seems that mass adoption is now happening in our society. The government are now looking to forward to cryptocurrencies. Many more governments around the world that are now interested to legalize and accept cryptocurrencies as mode of payment.

[chaoscoinz]

South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.

https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/

Blockchain is at the cusp of financial innovations, the transparency of the publicly distributed ledger propels us forward as a society. It would be insane not to at least consider the possibilities of Blockchain technology. If the U.S and other big countries adopt it, I'm sure then that other nations won't want to be left behind.
    This sector is after all, still within its infancy. We've only just begun to regulate it and if the market is to ever possibly recover, more regulatory proposals are needed.

Just my two cents!

[Best Dreams]

It is an advantage knowing that there are lots of countries who supports cryptocurrency. We should know that it is important that there would be countries which would accept crypto. It could help the growth of the blockchain market and it would also be helpful to a lot of users around the globe.

If more countries will support and accept crypto currency and the existence of blockchain than I am sure this is rise another sun in market which will shine so bright so that why I am hopeful about upcoming good days of crypto currency that soon it will be high people will be able to use and invest crypto currency throughout the world.

[munareal]

The blockchain technology is not all about cryptocurrencies. It can be used to change all aspect of our lines positively and this is just a tip of the iceberg

[mangsitin]

Yes, hopefully there will continue to be many countries in the world supporting this blockchain technology, because when Blockchain technology is widely adopted by countries in the world, this will bring good news to Bitcoin. So that the price of Bitcoin will rise. And when prices have risen is a victory for all Bitcoin holders.

[bitcoin31]

That is good because it can help to the bitcoin to promote to Korea and having a lot of investor.

[akihikohideaki]

The good steps taken by the South Korean government, they know that blockchain technology is the technology of the future, technology that can revolutionize all industries, is connected to the internet. Approved financial technology.

[jhonjhon]

The good steps taken by the South Korean government, they know that blockchain technology is the technology of the future, technology that can revolutionize all industries, is connected to the internet. Approved financial technology.

South Korea is one if the civilized and growing country, and thats they take the opportunity for another great development.
Not only South Korea have accepting this new technology and it could be more, and those who leave crypto before will be back again.

[pawanjain]

The Blockchain technology and the cryptocurrency are two different things. A country or a government may adopt the Blockchain technology while still banning or regulating the use of cryptocurrency in that country.
A real example would be the country I live in. India is a country where the adoption of Blockchain is continuously growing while the government is still lagging behind in the use of cryptocurrency.
Cryptocurrency is still not legalized here but there are startups using the Blockchain technology. It is well known to everybody that this emerging technology will be widely adopted in the future.
But people still doubt if cryptocurrency will be adopted similarly or not in the future.

[Betwrong]

South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.

https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/

More than this, a month ago the South Korean government decided to invest $35 million in their 2019 budget to adapt blockchain technologies. So they are not only not creating obstacles, but encouraging the development. It's no wonder that South Korean companies like Samsung Electronics, Hyundai Motor, LG Electronics, Kia Motors and others have already conquered the world. In the fast-paced world we live in, several years of acting as a brake on progress can make your country trail far behind, even though it was number one over the course of many years. (I mean actions of the U.S. Securities and Exchange Commission and similar organisations.)

[Dreamchaser21]

That is good because it can help to the bitcoin to promote to Korea and having a lot of investor.

They support cryptocurrency because they saw the potential of this market and of course the blockchain that makes this even better. Its good to hear a support from the government and hopefullu for a more countries to support not just bitcoin but the whole blockchain technology.

[Muzika]

That is good because it can help to the bitcoin to promote to Korea and having a lot of investor.

They support cryptocurrency because they saw the potential of this market and of course the blockchain that makes this even better. Its good to hear a support from the government and hopefullu for a more countries to support not just bitcoin but the whole blockchain technology.

The potential is there but the regulation and laws are unclear as this moment, the support from the government has a crucial role for this kind of industry to be known in the world, yes there are certain companies who uses this kind of technology but the people still dont want to engage with it.

[bajingluncat]

it cannot be denied that blockchain technology can be said to be the most perfect technology at this time, even the blockchain technology can be said to be the heart of bitcoin, besides this great technology can be applied to various fields in life, if South Korea really starts using this technology, they are very lucky. because of this interesting blockcahin technology, Edith also even said that investors are now more interested in blockchain technology than in bitcoin itself.

[Crypdon]

They should do more than reduce tax. Their people are loving crypto currencies but their creations haven't exactly set the world alight. ICON was ok, but still trailing behind NEO and other projects. They are basically playing catchup

[boltz]

New signs of mass adoption started to apper all over the world in the early stage of this year. Seems like in 2019 people realise slowly that bitcoin actually have a future and the developers and blockchain engineers who are talking about it deserves a shot to be listen when they are trying to approch the blockchain and bitcoin subject.

[ecnalubma]

South Korea Slash Tax For Blockchain Startups by Over 30%. Blockchain companies operating in South Korea had some good news to cheer on in the past week as the country took a bold step to encourage the growth of the industry.

https://www.addisonchurchill.io/south-korea-slash-tax-for-blockchain-startups-by-over-30/

This is a good deal for every start-up projects there, we need more country like South Korea that supports such technology because later in the end government can always benefit from those start-ups as they start generating revenues unlike other countries that are tight with their regulations and very conservative about adopting new innovations.

[eaLiTy]

Time is a very significant factor. Blockchain technology is still a new technology, it has been around since before bitcoin, but it needs time to mature and fill out it's space.
When the current crop of start-ups become established industries it would open wider doors for more entries.

Blockchain is invented by Satoshi and how come they are around before bitcoin. , the fact is this is the biggest invention of the century as it solved the double spending issue without the help of any central authority.

I think South Korea is a good country for cryptocurrency, and of course this will make people there more calm and uplifting on Cryptocurrency. I believe, South Korea will become a country famous for Cryptocurrency.

Not only South Korea, Japan, Hong Kong and Singapore are crypto friendly countries in Asia and with time we will see more countries accepting and promoting these new technology and start ups. Slashing the tax for start ups in this platform is a good initiative from South Korea as they will promote new entrepreneur to start something meaningful which in turn gives new job opportunities and have superior solutions.