According to developers who participated in the virtual currency project on the 22nd, "KIEEA," an educational finance platform virtual currency of Korea Institute for Education & Evaluation advancement, is expected to be released as early as January next year.

The KIEEA white paper, which was produced based on blockchain, a newly launched education finance platform by Korea Institute for Education & Evaluation advancement, will be released on its website. KIEEA, which is under development, is drawing attention as a "stable coin" as a virtual currency that minimizes price volatility.Stable coins are sometimes compared to poker chips used in casinos.

This is because the value is fixed, but what is essential to play games is similar to casino chips. KIEEA virtual currency has the characteristic of prioritizing the convenience of users by presenting the strength of these stable coins.Seong Dae geun, CEO of Korea Institute for Education & Evaluation advancement, said, "We have already developed blockchain-based and educational virtual currency application services, and based on this know-how, we launched this KIEEA virtual currency in January."