SEOUL, Nov. 1 (Korea Bizwire) — The South Korean government has established plans to create a system that utilizes smart construction technology by 2025 and to implement an automated construction system by 2030. This is according to the “smart construction technology roadmap” drawn up by the Ministry of Land, Infrastructure and Transport. Smart construction incorporates [...]
SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s top cryptocurrency exchange Bithumb has signed a deal with a U.S. fintech company to set up a security token exchange in America, industry sources said Thursday. The agreement with SeriesOne calls for Bithum to invest in and provide technical support for the establishment of the envisioned security [...]
SEOUL, Oct. 31 (Korea Bizwire) — Bodyfriend Inc., the manufacturer of massage chairs, has revealed that its new massage chairs feature the world’s first “brain massage” function. At a press conference yesterday at the Four Seasons Hotel in Seoul, Bodyfriend introduced the massage chairs equipped with the brain massage function. According to Bodyfriend, the brain [...]
SEOUL, Oct. 31 (Korea Bizwire) — In the near future, blockchain technology will be incorporated into real estate databases, allowing users to gain access to relevant official documents without having to submit physical certifications. The Ministry of Land, Infrastructure and Transport and the Ministry of Science and Technology yesterday revealed plans to create a real [...]
SEOUL, Oct. 31 (Korea Bizwire) — South Korea’s oceans ministry on Wednesday unveiled the latest technologies that can be used to manage fish farms effectively. A demonstration of a new system was held at a mullet fish farm in the southern county of Hadong, South Gyeongsang Province, earlier in the day. The system, which adopts [...]
SEOUL, Oct. 30 (Korea Bizwire) — North Korea is an ideal location for the construction of smart cities, a South Korean expert has said, proposing concrete measures to boost inter-Korean economic cooperation. Min Kyung-tae, a North Korea expert at the Seoul-based Yeosijae, Future Consensus Institute, said that it is very efficient to build smart cities [...]
SEOUL, Oct. 25 (Korea Bizwire) – Suhyup Bank announced yesterday that it was adopting a new service that allows customers to access their bank accounts via ATM by merely having the machines scan the veins in their palms. The banking service dubbed “Hands Up banking” is possible when customers are verified simply by presenting their [...]
SEOUL, Oct. 22 (Korea Bizwire) — In light of reports of widespread irregularities that have occurred at South Korean preschools, which have escalated into a serious social issue, one educational expert claims that incorporating blockchain technology into school operating systems may be much more effective at tackling the irregularities at private kindergartens, much more so [...]
SEOUL, Oct. 22 (Korea Bizwire) — South Korea will push to expand the use of drones to monitor illegal fishing and marine littering in waters around the nation, the oceans ministry said Monday. The Ministry of Oceans and Fisheries said an internal venture team set a goal of utilizing 500 unmanned aerial vehicles by 2022 [...]
SEOUL, Oct. 17 (Korea Bizwire) — Yuhan-Kimberly Ltd. announced Tuesday the release of the new Monit & Huggies Smart Baby Monitor that applies IoT technology to monitor baby diapers and other functions that assist childcare. Yuhan-Kimberly, in collaboration with Monit, a developer of smart baby monitors, launched the Huggies IoT Service on momQ, Yuhan-Kimberly’s online store, [...]