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Historical Korean Peace Treaty Now Immutable on Blockchain

Historical Korean Peace Treaty Now Immutable on Blockchain

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When Korea leaders, North Korea’s Kim Jong-un and South Korea’s Moon Jae-in, met at the border between the two nations on 27 April, the historical event was recorded for posterity on the Ethereum blockchain.

According to a CoinDesk Korea report, Ryu Gi-hyeok, a 27-year-old South Korean game developer, captured the momentous occasion when the two leaders declared before 80 million people and the world, that there would be peace on the Korean Peninsular.

Ryu coded two Ether (ETH) transactions with the Panmunjom Declaration in both Korean and English, recording both versions on Ethereum’s blockchain. Ryu explained:

“I just thought it took too long for the South and the North to give way to each other… After finding out what I could contribute to this historic achievement as a developer, I found the Panmunjom Declaration on the Blue House homepage and recorded it on Ethereum.”

Ryu has said that now he was also planning on launching a website service that would “keep all historic records permanent and immutable” on a blockchain. The nature of Ethereum’s blockchain means that both texts will remain permanently accessible to anyone, without the possibility of them ever being altered or deleted.

“The Panmunjom Declaration, written in Ethereum block 551,7596, will not go away unless Ethereum is gone,” he added. “I wanted to keep the world record of North and South Korea in the world of crypto.”

A move towards peace

The following statement, now on the Ethereum blockchain, marks the significance of the event, 65 years after the country split in two after the Korean war in 1953, creating a cold war and an uneasy peace between north and south:

“During this year that marks the 65th anniversary of the Armistice, South and North Korea agreed to actively pursue trilateral meetings involving the two Koreas and the United States, or quadrilateral meetings involving the two Koreas, the United States and China with a view to declaring an end to the war and establishing a permanent and solid peace regime.”

image source” – Alexus Fotos


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