The Jeju Special Self-Governing Province has commissioned Tilon to seek ways of making the island a global blockchain hub city.
Tilon would set out a blockchain-based model to make it a global hub city and timeline for realizing its blueprint.
Tilon would research blockchain technologies and services in other countries.
Governor Won Hee-ryong has been pushing for making Jeju a global crypto valley. However, the central government named the southeastern port city Busan as an exclusive regulation-free zone for blockchain. The central government sidelined Jeju.
