30 South Korean blockchain companies to participate in Middle East IT expo 'GITEX'
Summary
- 30 domestic blockchain companies announced they will participate in the Middle East's largest IT expo 'GITEX'.
- It said various on-site activities such as investment promotion (IR) and investor meetings are planned locally.
- It said it will seek global expansion opportunities such as export consultations, investment negotiations, and market development in the Middle East market.
Domestic blockchain companies will massively participate in the Middle East's largest information technology (IT) expo, 'GITEX', held on the 13th in Dubai, United Arab Emirates. The Ministry of Science and ICT and the Korea Internet & Security Agency (KISA) announced on the 9th that they will support domestic blockchain companies' participation in GITEX.
This year, a record 30 companies will participate. During the event, local investment promotion (IR), investor meetings, and visits to local institutions in Dubai will take place. In the Middle East market, where demand for blockchain is high, they plan to seek various global expansion opportunities such as export consultations, investment negotiations, and market development. The overseas expansion support program started last year.
Reporter Choi Ji-hee mymasaki@hankyung.com
Korea Economic Daily
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