(image: Korea Bizwire)
SEOUL, Feb. 2 (Korea Bizwire) — South Korea plans to build a public big data system by 2024 by compiling all data from government agencies.
Statistics Korea introduced plans to build the K-Statistics System on Monday, a cloud-based public big data system that collects data from both central and regional governments as well as public agencies in real-time.
Data from each agency will be uploaded to a cloud storage service run by the statistics agency. Each of these data records can be combined or calculated when needed.
Each data record is encrypted before it is uploaded to the cloud storage. This data will maintain its encrypted status even when it is used for various calculations, preventing leaks of private information.
These big data records are expected to raise the efficiency of public policy, closing in the digital divide between digital platforms and startups.
For instance, the new system will be able to offer detailed information on the effects of the COVID-19 emergency relief fund by connecting or combining various data on government spending as well as the data on the redistribution effects that ensued.
M. H. Lee (mhlee@koreabizwire.com)
