Paraguay’s vice president has declared support for the “Golden Goose” project, which will see South Korea’s Blockchain Technology Foundation build five mining centers on state land. The foundation also plans to conduct what it describes as an “initial exchange offering” to facilitate investor participation in the project.
South Korean Group to Build Mining Centers
The Blockchain Technology Foundation, also known as the Commons Foundation, has entered into an agreement with Paraguay to construct what it claims will be a large mining hub. It said the government has provided five 10,000-square-meter plots of land to host five planned mining centers. The land is in close proximity to the massive Itaipu hydroelectric power plant.