The digital currency was included by the Central South Korean Banks in the state program for the development of the Korean economy

The South Korean Central Bank has confirmed its involvement in the development of CBDC, the official digital currency. According to Regulation Asia, the Central South Korean Bank has developed a special program until 2030 to develop the Korean economy.
Considering the use of its own digital currency by foreign countries, the Central Bank of Korea decided to participate in the creation of a CBDC in the country for its use if necessary.
The program presented by the Central Bank talks about the need to respond to the changes that are being carried out in foreign countries to create a digital currency for internal use, in the use of new financial technologies and payment systems.
This program involves the creation of special departments in order to study the blockchain (database), as well as to study the methods and techniques of Big Data analysis. It is assumed that with the help of new technologies, the Central Bank will be able to make more complex and accurate forecasts of a statistical and economic nature.
Earlier, the Central Bank of Korea expressed its intention to develop requirements for the creation of a South Korean digital won by the end of July 2020. It is planned to launch the CBDC digital currency in test mode in 2021.