The South Korean city of Busan says it will launch a long-awaited blockchain-powered digital assets trading platform before the year is over. Per Meil Kyungjae, Busan city officials told reporters this week that they want to create a “fourth-generation blockchain-powered exchange” that “can tokenize valuable assets such as raw materials and precious metals.” City officials said the Busan-based exchange would “use blockchain technology to tokenize and sell valuable assets such as raw materials, precious metals, carbon and emissions certificates, and intellectual property rights.” The city has been vocal about its intentions to launch a platform.
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