THELOGICALINDIAN - North Korea may be a actual closedoff and abandoned country but that doesnt beggarly that isnt accessible to foreigntechnology such as Bitcoin and Blockchain
North Korea may be one of the best abandoned countries on the apple but it is still aggravating to technologically acclimate and attempt with added nations. The country is currently beneath abundant sanctions from the United States and the European Union for administering nuclear missiles tests and actionable animal rights. In the aftermost brace of weeks, North Korea has added affronted and angered the US and added countries by ablution a new blazon of ballistic missile abreast Japan.
Because of these sanctions, abounding North Korean banks are not able to appropriately action all-embracing coffer transfers. Experts accept that North Korea may be able to bypass these sanctions by application decentralized cryptocurrencies like Bitcoin or Monero. An commodity by FireEye suggests that the North Korean government may be abaft hacking attacks that targeted South Korean cryptocurrency exchanges.
On November 23, ExpressVPN appear a report that declared Federico Tenga’s adventure of teaching Bitcoin and Blockchain technology to acceptance in North Korea. Tenga was arrive by the Pyongyang University of Science and Technology (PUST), to advise its computer science and accounts acceptance primarily about blockchain technology and its abeyant use cases.
Tenga declared his experience:
He added:
It is absolutely absorbing to see that an abandoned and cloistral country like North Korea, which has a actual bound cardinal of internet users, is absorbed in exploring the abeyant use cases of technologies like Blockchain. Some experts accept that North Korea may use that ability in adjustment to conduct adverse attacks adjoin cryptocurrency basement like exchanges and mining operations.
What are your thoughts on North Koreans accommodation to added analyze Bitcoin and Blockchain technology? Do you anticipate that Blockchain technology may account the government of North Korea? Let us apperceive in the comments below!
Images address of Pixabay
