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The latest technology news coverage. We bring you the latest information on what is happening in Korea today.

New Electrolysis System Cuts Hydrogen Production Expenses by 25%

New Electrolysis System Cuts Hydrogen Production Expenses by 25%

DAEJEON, Sept. 30 (Korea Bizwire) — South Korean scientists have unveiled the country’s first system capable of producing clean hydrogen at significantly lower costs, a development that could accelerate the nation’s transition to renewable energy. The Korea Institute of Machinery and Materials (KIMM) said Monday that a research team led by principal researcher Kim Young-sang [...]

S. Korea Develops Artificial Eye Phantom to Standardize Retinal Disease Diagnosis

S. Korea Develops Artificial Eye Phantom to Standardize Retinal Disease Diagnosis

DAEJEON, Sept. 30 (Korea Bizwire) — South Korea’s national standards institute has unveiled an artificial eye designed to mimic the human retina, a breakthrough aimed at improving the accuracy of diagnostic imaging for retinal diseases. The Korea Research Institute of Standards and Science (KRISS) said Monday it has developed a “retinal phantom,” a synthetic model [...]

Contactless Payments Gain Ground as Koreans Shift Away From Traditional Methods

Contactless Payments Gain Ground as Koreans Shift Away From Traditional Methods

SEOUL, Sept. 29 (Korea Bizwire) — The use of payment services employing passwords, biometric data and other authentication methods rose more than 11 percent in the first half, reflecting the growing trend of contactless commerce, central bank data showed Monday. The daily average value of simple payment transactions reached 1.046 trillion won (US$745.77 million) in [...]

Kakao’s Big KakaoTalk Overhaul Triggers User Backlash, Stock Selloff

Kakao’s Big KakaoTalk Overhaul Triggers User Backlash, Stock Selloff

SEOUL, Sept. 29 (Korea Bizwire) — Kakao Corp.’s biggest revamp of its flagship KakaoTalk messenger in 15 years has sparked a wave of criticism from users, rattling confidence in the app that dominates South Korea’s mobile communications. The update, rolled out last week, is part of Kakao’s push to reposition KakaoTalk from a basic messenger [...]

KT Faces Scrutiny for Withholding Data in Unauthorized Mobile Payment Disputes

KT Faces Scrutiny for Withholding Data in Unauthorized Mobile Payment Disputes

SEOUL, Sept. 29 (Korea Bizwire) — South Korea’s second-largest telecom carrier, KT, is under mounting criticism from consumers and legal experts for refusing to disclose key network data in cases involving unauthorized mobile phone payments, even as reports of such incidents climb. Authorities say nearly 19,300 cases of fraud involving mobile micropayments were reported last [...]

Gov’t Faces Backlash Over Double Standard in Disaster Preparedness

Gov’t Faces Backlash Over Double Standard in Disaster Preparedness

SEOUL, Sept. 28 (Korea Bizwire) — The South Korean government is drawing criticism for imposing strict disaster-response requirements on private companies while failing to safeguard its own systems, after a fire at a state-run data center crippled key administrative services. According to a science ministry report submitted to a ruling party lawmaker, the government plans [...]