S-Space Graduate School of International Studies (국제대학원) Dept. of International Studies (국제학과) Theses (Master's Degree_국제학과)
BITCOIN & BLOCKCHAIN: CHINA, UNITED STATES AND SOUTH KOREA’S CURRENT STATUS AND FUTURE OPPORTUNITIES
- 국제대학원 국제학과
- Issue Date
- 서울대학교 대학원
- 학위논문 (석사)-- 서울대학교 대학원 : 국제대학원 국제학과, 2018. 2. 이영섭.
- This paper used ABCD model by Moon (2016), which is used to analyze the potential competitiveness of Korea’s strategy on Bitcoin and Blockchain technology. Bitcoin is a digital currency without physical form and transactions are possible through an exchange facility. Blockchain is internet based public transaction ledger which allows for operational saving, low transaction costs and open resources. Compare to Korea, United States and China have better endowment factors for Bitcoin and Blockchain such as regulation. What are the actions South Korea can take?
In this paper, we look at Bitcoin and Blockchain strategies among United State, China and South Korea in comprehensive aspect of ABCD model by Moon(2016), formatted Agility, Benchmarking, Convergence and Dedication. This will show how the three countries have developed these new technologies and industry and current trends. Based on ABCD Model, the result will show ways to find potential competitiveness business strategy. Furthermore, it will show what weak condition that South Korea is facing and how to solve it.