The regulation-free blockchain development zone in South Korea, Busan, that was marked out to emphasize several blockchain offerings has bagged a whopping eight million US dollars ($8 million) capital injection from South Korean cryptocurrency exchange Bithumb. South Korea is one of the very few countries to have embraced blockchain on an extensive scale. Last year in August, it declared Busan as a zone dedicated to promoting blockchain initiatives in sectors such as tourism, finance, infrastructure, and public safety. It was set out to attract investments worth twenty-five million US dollars ($25 million) within a span of two years. Blockchain development