South Korea, known as Geumsu gangsan or the "Land of Embroidered Rivers and Mountains”, has come to be known as world’s global-innovation gold medalist during the past five years. With a lightning-fast internet, the country is emerging as one of the world’s biggest market for trades in cryptocurrencies as well as its underlying Blockchain technology. Behind South Korea’s high-tech developments are 45 large chaebols – a term that combines the Korean words chae (wealth) and bol (clan) – family-run large industrial conglomerates that are incriminated with governance transgressions