How does a new venture for the ‘disruptive’ digital economy fit in with a global effort to ‘solve the world’s problems’
The company, known as ‘KIM SEO YON’ or ‘Kimsong’ in Japanese, is a joint venture between a Japanese company called ‘Boeing’ and a North Korean venture called ‘Kim Jongnam’ that is trying to create a blockchain platform that will help build the world economy, in this case by helping the people of North Korea to solve their own problems.
The startup is a partnership between the two companies and they are going to develop the blockchain platform, which will be a way for people in the North Korean capital to make payments with their own money.
Boeings CEO and founder Dennis Muilenburg said that this is a way to help people who are stuck in a system where their transactions are processed by a third party.
‘This way, you can do your own business, pay your taxes and go to your favorite restaurant,’ he said.
When asked if there is a certain technology that Boeing can use to help solve the world problems, Muilenberg said that they are ‘always open to using new technologies to help make the world better’.
‘It’s a really exciting time for innovation,’ he added.
But the real world has a way of getting in the way of this idea, and it is not a matter of technology being the problem.
North Korea’s current financial system is based on the country’s one-party system.
According to the UN, the country relies on the patronage system, in which officials can pay their own salaries to bureaucrats, which is a key factor in keeping North Korea afloat.
And, of course, the North Koreans government is a very corrupt and autocratic government.
There are currently about 1,400 North Korean workers who work at Boeing, according to a company spokesman.
It is not clear what will happen with the company’s financial operations after Boeing’s launch.
The company said it would ‘continue to evaluate the business and take the necessary steps to manage and operate’ the blockchain solution.