Busan is good

Busan Metropolitan City Hosts Performance-Sharing Event for the 2025 Blockchain Specialized Cluster Development Project

내용

Busan Metropolitan City Mayor Park Heong-joon announced that the City will host the “2025 Blockchain Specialized Cluster Development Project Performance-Sharing Event” today (the 16th) at 3:00 p.m. at the Busan Port International Exhibition & Convention Center.

This performance-sharing event was organized to review the industrial applicability of blockchain technologies and explore directions for sustainable development by sharing major achievements across different project areas.

The event will be attended by approximately 150 participants, including representatives from Busan Metropolitan City, the Ministry of Science and ICT, the Korea Internet & Security Agency, Busan Techno Park, and other project-managing institutions, as well as officials from participating organizations and companies such as the Busan Port Authority. Participants will engage in discussions on the industrial utilization of blockchain technologies in the region and future development directions.

Overview of the Performance-Sharing Event

▪ Host / Organizer: Ministry of Science and ICT, Korea Internet & Security Agency (KISA) / Busan Metropolitan City, Busan Techno Park
▪ Date & Time: December 16, 2025 (Tue.), 15:00–19:00
▪ Venue: Event Hall A, Busan Port International Exhibition & Convention Center
▪ Participants: Approximately 150 representatives from participating companies, the Ministry of Science and ICT, the Korea Internet & Security Agency (KISA), and related organizations
▪ Key Program: Sharing of major achievements and successful cases by project area for the current year, along with networking sessions to promote collaboration among companies

Following the presentation of best practices, the event will continue with a networking session designed to facilitate exchanges among participating companies.

Presentations on outstanding cases will be conducted by project area, including:
▲ Three regional industry–blockchain convergence joint project initiatives
▲ Three corporate commercialization support cases
▲ One global market expansion support case

The “regional industry–blockchain convergence joint projects” selected three projects this year, with nine companies participating. These projects delivered practical solutions that enable the digital transformation of regional specialized industries through blockchain technology.

After two years of research and development, the Busan Port Authority’s “Port-i,” a real-time shipping and port logistics information-sharing platform, is scheduled for full-scale service deployment at Busan Port next year. It is expected to establish itself as a core infrastructure for a smart port by realizing hyper-connected port data. In addition, the “AI-based personalized smart medication ordering service” significantly improved accessibility and convenience for patients with limited mobility. The “Closed-Loop Busan Waste Plastic Resource Circulation Activation Platform” transformed waste plastic into a tradable resource, laying the foundation for a virtuous resource-circulation ecosystem.

The corporate commercialization support program continued to attract strong interest and participation from companies this year, once again achieving meaningful outcomes.

Each year, 40 to 50 companies apply for the program, and 14 companies were selected this year. As the selected companies demonstrated superior performance in employment and revenue growth compared to similar firms, the City plans to further expand the scale of support next year.

In particular, CrossHub Co., Ltd., one of the participating companies, won the CES 2026 Best of Innovation Award in the FinTech category for its service combining blockchain-based digital identity authentication with global easy payment solutions. This achievement, attained within about one year of the company’s establishment, demonstrated its technological capabilities and growth potential on the global stage.

The global market expansion support program achieved remarkable results this year by participating, for the first time, in GITEX Dubai, one of the world’s top three information technology exhibitions.

Last October, Busan Metropolitan City, in cooperation with the Korea Internet & Security Agency, formed a joint pavilion with Busan, Incheon, and Daegu to participate in GITEX Dubai. As a result, participating companies achieved investment consultation outcomes totaling USD 40 million. Currently, six Proof of Concept (PoC) projects are progressing smoothly, signaling positive prospects for entry into overseas markets.

Lee Jin-soo, Director of Financial Innovation Policy of Busan Metropolitan City, stated, “In order to drive the continued growth of blockchain companies, the City has mobilized its full administrative capacity together with local National Assembly members to secure additional national funding for next year.” He added, “Through the City’s full-scale support, we hope that these companies will grow together as key players leading Busan’s future digital technologies, while strengthening their internal capabilities and building sustainable competencies.”