SEOUL, Apr. 16 (Korea Bizwire) — South Korean IT giant Kakao Corp. said Tuesday that it has joined hands with what3words Ltd. to insert the London-based startup’s innovative geo-coding system into its mapping service, Kakao map. Kakao started its mapping service early this month by adopting the British startup’s technology. What3words launched the service that [...]
SEOUL, Apr. 15 (Korea Bizwire) — South Korean education institutions are scrambling to incorporate artificial intelligence (AI) technology in classrooms across the country. The Seoul Metropolitan Office of Education (SMOE) announced that it is developing a curriculum for a new course on AI technology, which will soon be provided as an optional course for high [...]
SEOUL, Apr. 15 (Korea Bizwire) — Capt. Heo Jun-nyeong of the 21st Infantry Division of the ROK Army has developed an artificial intelligence (AI) program that can predict the aftereffects of a stroke. The Army announced on Sunday that Heo’s paper on the AI program was published by Stroke, an internationally acclaimed journal on strokes. [...]
SEOUL, Apr. 15 (Korea Bizwire) — Banks in South Korea will fully open their payment network to fintech firms in December, officials said Monday, in a fresh effort to encourage development of new payment services and greater competition in the financial sector. Currently, only banks can access the payment network, but even banks are allowed [...]
SEOUL, Apr. 15 (Korea Bizwire) — South Korean lender KB Kookmin Bank has introduced a new service that allows customers to make withdrawals through hand recognition, instead of having to use a bankbook, stamp or password. The bank announced on Sunday that customers will now be able to make withdrawals at the counter using palm [...]
SEOUL, Apr. 10 (Korea Bizwire) — South Korea’s state arms procurement agency will push to build a blockchain-based platform to enhance transparency and efficiency in conducting defense acquisition projects, officials said Wednesday. A blockchain refers to a growing list of digital data organized in blocks and managed by multiple computers under a shared network with [...]
SEOUL, Apr. 9 (Korea Bizwire) — LG Electronics Inc. said Tuesday it has adopted upgraded artificial intelligence (AI) technologies for its latest smartphones to provide users with smarter, faster services. The South Korean handset maker said advanced AI engine and software power V50 ThinQ, its first 5G smartphone set for launch next week, and G8 [...]
SEOUL, Apr. 8 (Korea Bizwire) — South Korea’s Army has recently established a new forensic investigation system to counter the illicit use of commercial drones for infiltrating and filming military installations, officials said Monday. The armed service’s Central Investigation Group introduced the system for the detailed analysis of crimes and accidents involving drones. It has [...]
SEOUL, Apr. 5 (Korea Bizwire) — Hyundai Card Co., a local credit card firm, said Friday that it has introduced an artificial intelligence-based counseling service in its customer center. The AI automatic response system (ARS) listens to clients’ desired service and provides them with appropriate counseling with no waiting time, according to the company. It [...]
SEOUL, Apr. 2 (Korea Bizwire) — A “Smart Street Light System” will be developed by 2023, which will attach sensors to street lamps erected close to the road and relay road information collected to vehicles and road facilities. The Ministry of Land, Infrastructure and Transport announced on Monday that it would hold an research and [...]