Blockchain Technology Set to Revolutionize EV Battery Tracking and Healthcare in South Korea (Image supported by ChatGPT)
SEOUL, Aug. 8 (Korea Bizwire) — South Korea’s Ministry of Science and ICT, along with the Korea Internet & Security Agency (KISA), announced Thursday it will invest 12.4 billion won ($9.3 million) to support 11 blockchain-based pilot projects aimed at integrating the technology into everyday services.
One of the flagship initiatives includes a blockchain-based “battery passport” program in the city of Busan. The system will track and record the full lifecycle of electric vehicle batteries—from production and usage to disposal—ensuring transparency and traceability. Initially, the project will involve 2,500 EVs and related battery manufacturers in the region.
Another major project, led by the Korea Health Industry Development Institute, will build a blockchain-powered virtual hospital service. The platform will enable seamless integration of telemedicine, electronic prescriptions, drug delivery, and insurance claims—all in a single system.
Additional use cases include:
K-Culture Blockchain Ticketing Infrastructure: Developed by AhnLab Blockchain Company, the system will allow integration with existing ticketing platforms without the need for major redevelopment.
Carbon Credit Trading Platform for Transportation: LeadPoint Systems will create a blockchain-based platform to support carbon emissions tracking and trading in the transport sector.
Food Supply Chain Tracking: Block Odyssey will develop a digital distribution ledger that traces the journey of food products from production and processing to export and consumption.
The initiative is part of the government’s broader strategy to promote blockchain adoption in public and private sectors by supporting scalable, real-world applications.
Kevin Lee (kevinlee@koreabizwire.com)