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The Korean New Deal – A Complete Breakdown
As the Korean government looks to recover from the coronavirus pandemic, Asia's 4th largest economy will need to deal with not only high unemployment but the closing down of many businesses in Korea. Therefore the Korean government has recently announced the Korean New Deal which plans to invest…
The Reason Why Korean Startups Only Last a Year
Here is a reality that most Korean startups need to know and understand. Over 70% of all Korean startups only last a year. These startups set up operations in all kinds of sectors such as e-commerce, health care technology, robotics, AI, logistics, IoT, and etc. Close to 800,000 startups all over…
When Will Seoul to Launch their own Cryptocurrency the S-Coin?
China made headlines in cryptocurrency when it launched its pilot digital yuan (e-CNY) in early 2022. The digital currency works through a mobile app, e-CNY, available on Android and Apple app stores. The pilot program included 23 cities in China, such as Beijing and Shanghai. In South Korea, in…
The Most Innovative Image Recognition Startups in Korea
Most of the innovations when it comes to image recognition use AI technology and machine learning. Image recognition startups in Korea are looking for ways machine learning can take in data to not only make predictions but interprets the data, especially when it comes to texts, images, and videos.…
Korean DeFi Startups are Changing the Finance Industry in Korea
The finance industry in Korea is getting disrupted due to DeFi (Decentralized Finance). DeFi offers a different experience from traditional banking and opens up a world of possibilities for customers. Those that are driving the movement are Korean DeFi startups using Blockchain technology to cut…
Top Autonomous Vehicle Startups in Korea – Korean Mobility Startups
If you are a mobility startup, it is vital to incorporate AI, self-driving, or some kind of autonomous tech into your business. Mobility AI startups in Korea have gotten a lot of attention in 2021 and more and more startups are being formed in this space. However, there are new startups that are…
