Ground X will develop a model for South Korea’s state cryptocurrency
The Bank of Korea has announced the winner of the tender among technology providers for the state cryptocurrency. Ground X received $ 4.4 million to develop a digital won model. According to the Korea Herald, South Korea’s central bank has selected Ground X, a subsidiary of national tech giant Kakao Corp., to participate in a government-owned cryptocurrency pilot program. Ground X participated in the tender with Line Plus, a subsidiary of Naver, and SK C&C,…