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The largest South Korea’s opposition party, the Liberty Korea Party, has entered into the partnership with Taiwanese blockchain startup ioeX, to implement a blockchain voting system.

According to the announcement, the future platform will also include a petition function to facilitate the gathering of public opinion while also providing up-to-date records of representative activity for the general public.

The head of the opposition party, Byong Joon Kim, says the party will continue to partner with the startup to advocate the use of blockchain in the future.

Earlier, the Central Bank of South Korea said that the launch of a central bank digital currency may have "negative consequences on the South Korean financial system."

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