timg (2)
WP & Investment
is about to become one of the largest land owners in Jeju Island.
And will work with Jeju National University to create foreign language courses that will empower youth to work in the tourism sector.
timg (2)
WP & Investment
is about to become one of the largest land owners in Jeju Island. And will work with Jeju National University to create foreign language courses that will empower youth to work in the tourism sector.

The Blockchain Island

Jeju Island, a Korean tourist destination, will soon have a blockchain-based ecosystem for its tourism industry. The WP Global Consortium is developing the ecosystem, which will include restaurants, hotels, car rentals, and shops. The members of the ecosystem will deal with each other internally in the blockchain in the “Jeju” token.

Foreign tourists using this ecosystem will not have to pay conversion costs, which are incurred when their currency is converted into Korean won as well as transaction cost associated with credit cards. They will not have to incur these costs even during their stay if they only use facilities provided by members of the ecosystem. The consortium will look to develop oriental medical tourism, which will promote industries that use Jeju’s natural resources for medicinal purposes. It will also work with the LG smart farm to create a smart farm on Jeju Island that will make use of Information and Communication Technology (ICT).

Standing on its resource richness, WP & Investment is establishing a world-leading STO exchange in Jeju island. The STO will initially focus on land and wider real estate development.

The Blockchain Island

Jeju Island, a Korean tourist destination, will soon have a blockchain-based ecosystem for its tourism industry. The WP Global Consortium is developing the ecosystem, which will include restaurants, hotels, car rentals, and shops. The members of the ecosystem will deal with each other internally in the blockchain in the “Jeju” token.

Foreign tourists using this ecosystem will not have to pay conversion costs, which are incurred when their currency is converted into Korean won as well as transaction cost associated with credit cards. They will not have to incur these costs even during their stay if they only use facilities provided by members of the ecosystem. The consortium will look to develop oriental medical tourism, which will promote industries that use Jeju’s natural resources for medicinal purposes. It will also work with the LG smart farm to create a smart farm on Jeju Island that will make use of Information and Communication Technology (ICT).

Standing on its resource richness, WP & Investment is establishing a world-leading STO exchange in Jeju island. The STO will initially focus on land and wider real estate development.