CryptoCity: Seoul Mayor Plans $100 Million To Build Blockchain Smart City

Blockchain technology that enables cryptocurrencies like Bitcoin will also enable Smart Cities, and Seoul, South Korea will be a test lab. Blockchain technology can be used for any conceivable type of transaction, from parking tickets to real estate transactions. ⁃ TN EditorPark Won-soon, the mayor of Seoul, has revealed a five-year plan to invest $108 million to develop the South Korean capital as a smart city powered by blockchain.
In a speech during his visit to Zurich, Park announced l