South Korea’s National Pension Service (NPS), managing assets worth 1,224 trillion Korean won (over $836 billion), is exploring the use of blockchain technology to improve transparency and security within its fund transaction system. The NPS aims to enhance processes involving deposit, withdrawal, and investment management through this integration. They plan to initiate a preliminary disclosure phase, inviting blockchain experts and companies to participate in discussions before officially launching the program. This initiative underscores the growing emphasis on leveraging blockchain technology to streamline financial operations and ensure robust asset management.