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Seoul Aims to be one of the World’s Leading Startup Hubs
South Korea is the world’s 12th-largest economy and the fourth-biggest exporting nation. In addition, exports comprised 34 percent of the Korean economy in 2022. Major corporations have benefited from this substantial export increase over the last decade. As a result, the large, predominantly…
Top 10 Best LG Products at CES this year
The all-digital event of CES 2021 meant that people didn’t have to walk the millions of square feet of the Las Vegas Convention Center. Instead, you were able to check on the event from the comfort of your home through streamed presentations. LG had the biggest impact at CES 2021 with the LG…
Korean Bank KB Kookmin to Incorporate Blockchain Technologies
The largest bank in South Korea is KB Kookmin and they partnered with a Blockchain startup called Atomrigs Labs back in 2019 to launch a digital asset custody offering. They signed their strategic partnership last June. Atomrigs Labs is currently developing a product called Lime. Lime is a system…
10 Things You Should Know Before Starting a Business in Korea
South Korea's GDP is 10th in the world with a total of $1.64 trillion as of 2019. A small country like South Korea has made the top 10 because they have made a concerted effort to open up its economy to foreign players. Therefore many foreigners are interested in starting a business in Korea.…
Targeting South Korean Consumers – Everything you Need to Know
South Korea has powerful industries in mobile, automotive, beauty, fashion, entertainment, and technology. They got to this level because of their massive workforce that has usually put career over family. The average Korean worker works about 70 hours a week. It got so bad that the Korean…
Korean Banks Using Blockchain Technology – Complete List for 2023
Around the world, the industry that has been against Blockchain the most have been banks. However, in Korea, banks seem to be embracing Blockchain technologies. At first, many Korean banks saw Blockchain as a competition. Early on, many banks in Korea feared they would lose funds and customers to…
