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Securities Firm Adopts Handprint Scanning for Financial Transactions

Securities Firm Adopts Handprint Scanning for Financial Transactions

SEOUL, Jan. 17 (Korea Bizwire) – NH Investment & Securities became the first securities firm in Korea to adopt a biometric authentication system that scans veins on the palm of a user’s hand, to be used for financial transactions.  According to officials, customers who register their biometric information can take advantage of the new system [...]

Book Cafés: Hotspot Havens for Koreans

Book Cafés: Hotspot Havens for Koreans

SEOUL, Jan. 5 (Korea Bizwire) – One particular social trend finding prominence in 2016 was the “do-it-yourself” movement. In a society that places high importance on group activities, and emphasizes that everything be done “together,” the concept of dining alone, studying alone, or even drinking alone, seemed alien in the past, and these types of [...]

Korean Fish Farmers Use Smartphones to Boost Efficiency

Korean Fish Farmers Use Smartphones to Boost Efficiency

TONGYEONG, South Korea, Dec. 26 (Korea Bizwire) – A smartphone-based fishing ground management system has become the next big thing for fish farm owners in Tongyeong, a coastal city in South Gyeongsang Province.  According to the city government, the system was first introduced to local fish farmers in January of this year, and has so [...]

Using Virtual Reality to Prevent Industrial Disasters

Using Virtual Reality to Prevent Industrial Disasters

DAEJEON, Dec. 14 (Korea Bizwire) – The Korea Institute of Machinery & Materials has developed a VR simulator that provides preventive training sessions for employees at industrial complexes.  The system is a combination of VR content, a treadmill, and the virtual operation of equipment, where trainees can walk around on the treadmill and use their [...]

Car-Sharing Evolves into “Re-Sharing”

Car-Sharing Evolves into “Re-Sharing”

SEOUL, Dec. 9 (Korea Bizwire) – Korean car-sharing services are evolving to better meet changing demand.  SK Rent-A-Car, a local car rental service operator, recently decided to offer a car-sharing service to its corporate clients, allowing them to share rented corporate vehicles with all of their employees. This idea of “re-sharing” is unlike conventional car-sharing [...]

AR, VR Tech Dominate Idea Contest for Public Safety

AR, VR Tech Dominate Idea Contest for Public Safety

SEOUL, Nov. 29 (Korea Bizwire) – A total of 16 ideas were selected as finalists for the Second Idea Contest for Public Safety Science, hosted this year by the National Police Agency and the Ministry of Science, ICT and Future Planning. The contest’s grand prize (general category) went to Yoon Hyung-ryul, who suggested using a [...]

Korean Builder First to Incorporate Sound Design in Apartment Complex

Korean Builder First to Incorporate Sound Design in Apartment Complex

SEOUL, Nov. 25 (Korea Bizwire) – Daelim is set to become the first local construction firm to make use of sound design in an apartment complex. Sound design refers to the process of specifying, manipulating, and producing sound elements to achieve a specific effect or mood. Although it is most associated with sound recording and [...]

Korean Researchers Find Innovative Uses for Agricultural By-Products

Korean Researchers Find Innovative Uses for Agricultural By-Products

SEOUL, Nov. 18 (Korea Bizwire) – Recycling agricultural by-products, especially the peel of fruits and vegetables, is becoming extremely popular in Korea, allowing farms and businesses to make better use of the nutritious benefits of this type of waste, while saving on disposal costs.  Jeollanamdo Agricultural Research & Extension Services recently transferred its latest technology [...]

Bi-Direction Wheelchair Wins Idea Competition

Bi-Direction Wheelchair Wins Idea Competition

DAEJEON, Nov. 10 (Korea Bizwire) – The grand prize (Presidential Award) at the 2016 University Competition for Original Inventions went to a team from Cheongju University for their “bi-directional wheelchair”.  The idea is to remove the inconvenience of conventional wheelchairs that only allowed patients to sit in a single direction, which made it uncomfortable or [...]