The city of Seoul dreams of its own government-backed cryptocurrency

"The mayor of Seoul, South Korea, Park Won-soon, has said that the city wants to create “S-Coin,” which could be used as a payment method for city-funded social programs, according to CoinDesk." - Mike Orcutt

You also can go to this link and check it out: https://www.technologyreview.com/the-download/610752/the-city-of-seoul-dreams-of-its-own-government-backed-cryptocurrency/