South Korea Promotes Pilot Tokenization of National Bonds on Blockchain, Launches Three Major Projects in Semiconductors and AI

The South Korean government has announced its "2026 Economic Growth Strategy for the Second Half of the Year," aiming to accelerate the advancement of three major projects: semiconductors, AI data centers, and physical AI. The plan is to enhance industrial competitiveness through the construction of a blockchain and digital asset ecosystem. Over the next five years, South Korea plans to double its storage chip production capacity and launch a nationwide AI chatbot and a unified AI education platform in the second half of this year. Additionally, the South Korean government will push forward large-scale demonstration projects for blockchain and digital assets in the latter half of this year, initiating a pilot program for the tokenization of national bonds based on blockchain technology, exploring connections with the central bank's institutional CBDC, and promoting upgrades to financial infrastructure. Furthermore, South Korea plans to establish strategic investment accounts and a National Growth Fund to expand long-term capital support for strategic industries such as artificial intelligence, quantum technology, security, and blockchain.

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