South Korean Postal Service Seeks Goldman Sachs’ Crypto Know-How


South Korea’s nationwide postal service is assembly with Goldman Sachs’ cryptocurrency analysis group on the finish of September. The nation’s postal service revealed its intentions to dive deeper into digital property and blockchain.

“Cryptocurrencies Are Thought-about to Have Potential”

Korea Submit (KP), the nationwide postal service of South Korea, will likely be assembly with the cryptocurrency analysis group of Goldman Sachs on the finish of the month in Hong Kong, Bloomberg studies. KP has already met with the chief govt of the funding financial institution at a current assembly held in New York.

Whereas Goldman Sachs hasn’t commented on the preparations, Kang Seong-Ju, the president of Korea Submit, confirmed his curiosity within the cryptocurrency know-how of the financial institution:

I requested Goldman to cross on their know-how within the cryptocurrency space. […] Since cryptocurrencies are thought-about to have potential, and are one thing many individuals are watching, we’ll have to be taught the strengths and weaknesses.

South Korea’s Catching Pace

The information of KP displaying curiosity in blockchain comes at a time when South Korea is making critical advances within the crypto discipline.

Only recently Bitcoinist reported that the nation has allotted over one trillion gained (roughly round $880 million) for the fields of AI, blockchain expertise, and the sharing economic system.

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