The city of Busan in South Korea will be launching a decentralised digital commodities exchange, according to the news outlet News1. The platform is expected to begin operations in the current year and will be used to promote local cultural content through the use of digital assets.
The exchange will utilise the unique features of Busan, like the Busan International Film Festival and G-Star, by incorporating tokenisation of intellectual property rights in the film and gaming industries, as well as other assets such as gold, precious metals, agricultural and livestock products, ships, and real estate.