A South Korean conservative party has declared that the implementation of blockchain tech will “improve the way the party operates.”
South Korea’s conservative political party, the Liberty Korea Party (LKP), has declared their aim to use blockchain technology in four major areas, according to an official announcement published on Jan. 31 .
The LKP, previously known as the Saenuri Party, is currently the second-largest party within the South Korean national legislature, occupying more than one third of the 20th National Assembly seats. As of 2015, the LKP includes more than 3 million members.
The party intends to enter a new era of open digital democracy by implementing blockchain technology, according to their press release. The initiative aims to make information more transparent and build “a new system in which citizens and members of the party can participate in a revolutionary way.”
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