sharing economy Archives | Be Korea-savvy
CPUcoin Launches IEO on Probit Exchange to Accelerate CPU/GPU Power Sharing Economy

CPUcoin Launches IEO on Probit Exchange to Accelerate CPU/GPU Power Sharing Economy

SEOUL / SAN FRANCISCO, Aug. 5, 2019 (Korea Bizwire) — (via Blockchain Wire) - CPUcoin, the sharing economy for CPU/GPU power, is excited to announce its upcoming Initial Exchange Offering (“IEO”) of its CPUcoin (CPU) utility token on ProBit Exchange. The first-round offering will begin sharply at 9 AM KST on August 14, 2019. ProBit is a rapidly [...]

Older Businesses, Gov’t Sparking Controversy over Sharing Economy: Survey

Older Businesses, Gov’t Sparking Controversy over Sharing Economy: Survey

SEOUL, Jul. 16 (Korea Bizwire) — Leading businesses in the sharing economy such as Uber and Airbnb are taking center stage in the controversy that has erupted over the future of these types of enterprises in South Korea, which many believe is due to strong opposition from older companies. The Korea Development Institute conducted a [...]

Gov’t to Pilot Taxi-sharing App in High-demand Areas

Gov’t to Pilot Taxi-sharing App in High-demand Areas

SEOUL, Jul. 12 (Korea Bizwire) — The Ministry of Science and ICT has received a special regulatory exemption to test run an app-based voluntary taxi-sharing service. Kornatus, a South Korean taxi-sharing service provider, will test run an application app that hails taxis with other passengers who are going to a similar destination. Between 10 p.m. [...]

CPUcoin Partners with QoinPro to Quickly Expand Their Sharing Economy for CPU/GPU Power

CPUcoin Partners with QoinPro to Quickly Expand Their Sharing Economy for CPU/GPU Power

SAN FRANCISCO, Jun. 12 (Korea Bizwire) — -(via Blockchain Wire)- CPUcoin (cpucoin.io), developers of the sharing economy for CPU power, today announced a partnership with QoinPro, the innovative multi-wallet provider of AirDrop services and auto-earning technology. The companies have created a broad reaching partnership to accelerate CPUcoin’s DService (Decentralized Server Application) platform and conduct an [...]

GS25 Convenience Store Chain Establishes Sharing Economy Platform

GS25 Convenience Store Chain Establishes Sharing Economy Platform

SEOUL, Apr. 11 (Korea Bizwire) — Starting in June, customers are expected to be able to charge shared electric bicycles or kickboards at GS25 convenience stores. GS25 announced on Wednesday that it will set up an electric bicycle and kickboard charging service facility at its stores in partnership with the shared micro-mobility integrated platform “GoGoSing.” [...]

Carpooling Services to Begin Once Deal Is Reached with Taxi Industry: Official

Carpooling Services to Begin Once Deal Is Reached with Taxi Industry: Official

SEOUL, Jan. 30 (Korea Bizwire) — South Korea’s finance minister said Wednesday that local carpooling services will only get off the ground after an understanding is reached between Kakao Mobility Corp. and representatives from the taxi industry. The comments by Hong Nam-ki came nearly two weeks after a taxi task force decided to join a [...]

S. Korea to Build Stronger Institutional Framework to Sustain Sharing Economy

S. Korea to Build Stronger Institutional Framework to Sustain Sharing Economy

SEOUL, Jan. 10 (Korea Bizwire) – The South Korean government held a conference on Wednesday to discuss various issues involving shared economy of space, finance, and knowledge. The government decided to come up with measures to stimulate the sharing economy of space to reduce unnecessary costs. For instance, sharing a parking space reserved for a [...]

Economy Minister Willing to Tackle “Sharing Economy” Head On

Economy Minister Willing to Tackle “Sharing Economy” Head On

SEOUL, Oct. 26 (Korea Bizwire) — Kim Dong-yeon, the Minister of Economy and Finance and Deputy Prime Minister, said yesterday that he was committed to implementing new transportation services, including carpooling. The minister also said that if a sharing economic model was the direction of the future, then he would be fully willing to throw [...]

Seoul Expands Bicycle Sharing Program

Seoul Expands Bicycle Sharing Program

SEOUL, Oct. 11 (Korea Bizwire) — The Seoul Metropolitan Government plans to broaden its fleet of public bicycles from 20,000 to 40,000 by 2020. To stimulate the street economy, 424 bike shops across the city will be in charge of repairing and maintaining public bikes at nearby parking stations. The Seoul Housing and Communities Corporation [...]