* FM HomeCryptoCurrencyInnovationKorea Exchange Opens an OTC Startup Market with Blocko’s Blockchain Tech Korea Exchange Opens an OTC Startup Market with Blocko’s Blockchain Tech The Korea Exchange has launched a new service that provides a marketplace where the equity shares of startup companies can be traded in the open market, called Korea Startup Market (KSM).Blocko Inc., a blockchain startup from Korea, participated in the project and implemented its blockchain technology for document and identity authentication.The KSM service has applied this technology by using Coinstack, Blocko’s proprietary blockchain-based development platform.Blocko raised series A round funding of $1.3 million from Samsung Venture Investment Corporation in July 2016.The startup provided its Coinstack platform to Korea’s JB Bank, Lottecard, KISA, Paygate and other Korean institutions.Coinstack is offered in two ways, Cloud and On-premise, and supports all types of applications and protocols available via the Bitcoin blockchain.

Furthermore, Coinstack is a development platform that supports both blockchain-based contracts and Ethereum-based smart contracts, enabling companies to apply blockchain-based functions to its services.Won-Beom Kim, Blocko Inc.CEO, said: “This is the first example of commercialization in which blockchain is applied to the Korean over-the-counter stock market.” He added: “We are striving to advance our product by partnering with Samsung SDS, CISCO and others to apply blockchain to a wide range of industries in the future, beyond existing uses such as bonds, promissory notes and points within the financial sector.”Earlier this month it was reported that Seoul-headquartered Shinhan Bank (KRX: 055550, NYSE: SHG) is about to launch a new service based on the Bitcoin blockchain for people who need to send remittances between Korea and China, powered by Streami.bitcoin explained redditxDon't stay behind!Sign up for our newsletter and get all the hottest news in your inbox daily.* First Name Last Name Email address* I would also like to receive business enhancing offers and promotionsEmail Report News First NameLast NameEmail message*Phone Found a mistake?bitcoin usd chart yahoo

First Name*Last Name*Email* message*EmailSouth Korea is becoming a Bitcoin and Ethereum powerhouse in terms of trading volumes, liquidity and activity.Over the past few months, South Korea’s three largest digital currency exchanges Bithumb, Korbit and Coinone have added support for Ethereum traders by integrating Ether.the biggest bitcoin win in gambling historyIn a relatively short period of time, South Korea has become the largest Ethereum exchange market with a $335 mln daily trading volume and 38 percent market share.bitcoin roundtableIn fact, the ETH/KRW pair processes more trades than the ETH/BTC pair, which used to account for over 50 percent of all Ethereum trading.bitcoin april crash chartSouth Korea has also become one of the largest Bitcoin exchange markets in the world.free bitcoin 1btc

Although South Korea is currently the fourth largest Bitcoin exchange market behind the US, China and Japan, a month ago, its trading volume and market share was larger than China and Japan and secured its spot as the second-largest Bitcoin exchange market for awhile.South Korean investors within the cryptocurrency market are very easily moved and influenced by the media.litecoin mining shopEthereum’s recent Enterprise Ethereum Alliance deals with large conglomerates such as Toyota and JPMorgan have further validated the value of Ethereum to more local investors and have shifted the trend from Bitcoin to Ethereum.litecoin worth miningMore importantly, because Bitcoin has become a conservative asset amongst other cryptocurrencies, investors in South Korea have started to look into altcoins such as Ethereum and Ripple that are supported by local exchanges.bitpay bitcoin address

Most South Korean exchanges are funded by multi-billion dollar corporations within the country.Korbit, South Korea’s second-largest exchange, is invested by SK Telecom, the largest telecommunications company in the country.Therefore, when exchanges add support for cryptocurrencies such as Ethereum and Ripple, immediately, investors dive into altcoins.Particularly, investors that believe they missed Bitcoin’s rally invest in altcoins for large short and mid-term gains.The demand toward Bitcoin has increased to the point where there always exists a huge arbitrage opportunity for overseas traders.Bitcoin is being traded in South Korea with a premium price of $2,800.That is a 21 percent premium over the global average price and other major markets such as the US.While it is still possible to purchase Bitcoin outside of South Korea with other options such as credit cards to avoid premium rates, it is difficult to trade large amounts of Bitcoin without being flagged by anti-money laundering systems.

If the current growth rate of the South Korean Bitcoin and Ethereum exchange markets can be sustained over the next few months, South Korea could become a powerhouse for both the Bitcoin and Ethereum markets.Home   »   Ethereum   »  to   Korean Won = 373550 Korean Won Currency Conversion Tables Ethereum   WonΞ 1₩ 371276Ξ 3₩ 1113828Ξ 5₩ 1856381Ξ 10₩ 3712761Ξ 50₩ 18563806Ξ 100₩ 37127612Ξ 200₩ 74255224Ξ 500₩ 185638061Ξ 1000₩ 371276121Ξ 3000₩ 1113828364Ξ 5000₩ 1856380607₩371276.1214 per EthereumFri, 23 June, 2017 Won   Ethereum₩ 300000Ξ 0.81₩ 900000Ξ 2.42₩ 1500000Ξ 4.04₩ 3000000Ξ 8.08₩ 15000000Ξ 40.4₩ 30000000Ξ 80.8₩ 60000000Ξ 162₩ 150000000Ξ 404₩ 300000000Ξ 808₩ 900000000Ξ 2424₩ 1500000000Ξ 4040Ξ0 per WonFri, 23 June, 2017 Today's Change Range of Change 0 0 DateExchange Rate24 Jun 171 ETH = 373,552.3646 KRW23 Jun 171 ETH = 369,562.5919 KRW22 Jun 171 ETH = 369,224.0045 KRW21 Jun 171 ETH = 400,417.6085 KRW20 Jun 171 ETH = 411,900.8849 KRW19 Jun 171 ETH = 400,772.4433 KRW18 Jun 171 ETH = 420,208.9755 KRW17 Jun 171 ETH = 387,783.9622 KRW16 Jun 171 ETH = 364,565.3218 KRW15 Jun 171 ETH = 391,626.7586 KRW14 Jun 171 ETH = 433,731.4739 KRW13 Jun 171 ETH = 438,386.6600 KRW12 Jun 171 ETH = 382,962.1160 KRW11 Jun 171 ETH = 368,906.7887 KRW10 Jun 171 ETH = 317,352.7232 KRW09 Jun 171 ETH = 294,209.9757 KRW08 Jun 171 ETH = 283,593.5755 KRW07 Jun 171 ETH = 295,345.6501 KRW06 Jun 171 ETH = 274,915.6882 KRW05 Jun 171 ETH = 273,989.0681 KRW04 Jun 171 ETH = 255,618.2349 KRW03 Jun 171 ETH = 249,992.8489 KRW02 Jun 171 ETH = 250,327.1951 KRW01 Jun 171 ETH = 253,143.4256 KRW31 May 171 ETH = 253,768.4006 KRW30 May 171 ETH = 218,360.8881 KRW29 May 171 ETH = 188,069.5651 KRW28 May 171 ETH = 179,499.8065 KRW27 May 171 ETH = 183,886.7825 KRW26 May 171 ETH = 199,177.0057 KRW Date: Bank Commission +/- 0%+/- 1%+/- 2% (Typical ATM rate)+/- 3% (Typical Credit Card rate)+/- 4%+/- 5% (Typical Kiosk rate) Currency Conversion Tables Ethereum   WonΞ 1₩ 371276Ξ 3₩ 1113828Ξ 5₩ 1856381Ξ 10₩ 3712761Ξ 50₩ 18563806Ξ 100₩ 37127612Ξ 200₩ 74255224Ξ 500₩ 185638061Ξ 1000₩ 371276121Ξ 3000₩ 1113828364Ξ 5000₩ 1856380607₩371276.1214 per EthereumFri, 23 June, 2017 Won   Ethereum₩ 300000Ξ 0.81₩ 900000Ξ 2.42₩ 1500000Ξ 4.04₩ 3000000Ξ 8.08₩ 15000000Ξ 40.4₩ 30000000Ξ 80.8₩ 60000000Ξ 162₩ 150000000Ξ 404₩ 300000000Ξ 808₩ 900000000Ξ 2424₩ 1500000000Ξ 4040Ξ0 per WonFri, 23 June, 2017