The South Korean government’s Ministry of Information and Communication has announced the setting up of a blockchain evaluation team. citing a document released on 17 March.

According to an official document, the ministry is accepting applications for 30 positions for its Blockchain National Participation Evaluation Team. The objective of the exercise is to share knowledge of its findings in its exploration of public-private blockchain pilot projects. The application process will run until 15 April.

The team will be tasked with the responsibility of forming a basal blockchain assessment in both private and public sectors, while attending conferences, formulating interim reports and performance evaluations of blockchain pilots.

The director of Internet Convergence Policy at the Ministry of Information and Communication Jim Jung-Won had identified communication as being an essential part in developing the blockchain technology. He said: “The blockchain is a technology of participation and communication.” As such, the Blockchain People’s Participation Evaluation Team is expected to function in such a way as to allow participants to gain a fundamental experience with the workings of blockchain technology. Jung-Won added:

“Through the operation of the Blockchain People’s Participation Evaluation Team, more people are expected to have an opportunity to experience the effectiveness of the blockchain technology.”

Further, the evaluation team’s sharing-experience will enable the information system created around blockchain technology to become essentially decentralized, as areas covering development and experience process, monitoring of the entire pilot project and acting as a liaison between the public and the ministry will be facilitated through social network services (SNS).

It appears the contract will be for a year only, meanwhile, an appraisal of outstanding performance will also be conducted. The document states: “The National People’s Participation Evaluation Team will be limited to this year, and excellent performers will be awarded at the end of the year.”

Last year, a band of 40 international and South Korean experts formed a committee to oversee the establishment of a blockchain hub, tasked with the responsibilities of strategy formulation to aid the development of the blockchain industry.


Follow on Twitter: @BitcoinNewsCom

Telegram Alerts from

Want to advertise or get published on – View our Media Kit PDF here.

Image Courtesy:
Comments are closed.

Check Also

University Crypto Courses Gaining Prominence

In the most recent years of cryptocurrency growth, one particular trend observed in academ…