South Korea has approved a pilot program that will allow civil servants to use blockchain-based deposit tokens instead of physical government cards when paying for government operating expenses. The project was approved by the Ministry of Science and ICT and is designed to test how deposit tokens backed by a central bank digital currency can work in real payment flows within the public sector. The trial centers on practical use rather than a broader rollout, with the stated goal of evaluating the application of these tokens in government payment scenarios. The item was reported by Techub News, citing Crypto.news.
South Korea has greenlit a pilot that lets civil servants use blockchain-based deposit tokens, not physical government cards, to cover government operating expenses.
The Ministry of Science and ICT approved the project. The point is simple: test how central bank digital currency-backed deposit tokens actually work in real public-sector payments.
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