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NFTs in Korea – The Newest Cryptocurrency Craze
An innovative funding model is starting to build momentum in South Korea for industries art, collectibles, media, gaming, and even music. This funding model is called NFT which stands for non-fungible token. Think of NFTs as a digital certificate of authenticity for anything from an object, video…
Entrepreneurs in Korea Should Turn Their Passion into Profit
Entrepreneurs in Korea, we've all heard this age-old saying...If you do something you love, you'll never work a day in your life.....but for many of us, the thought of turning our passions into profits is nothing but a distant dream. And, let's be honest, this can't be truer for many millennials in…
How Korean Startups can enter the German Market
For many startups in Korea looking to enter the European market, Germany has become their prime destination. As the UK has left the EU, Germany is now regarded as the top economic power in the region. They are considered the largest economy in Europe and the 4th largest globally. Therefore,…
IDCITI offers an Underground GPS Solution for Smart Cities
Localization and navigation rely strongly on GPS (Global Positioning System) as it is both easy to use and accurate. However, GPS signals can be compromised by both natural and human sources. A startup in Korea called IDCITI has developed an underground GPS solution that can pinpoint a vehicle’s…
Innovative BioTech Companies in Asia to Watch out For
Biotechnology (BioTech) is technology based on biology. It uses cellular and biomolecular processes to develop technologies and products that help improve our lives. The Biotech industry is broken into three main sectors: medical, agricultural, and industrial. Many of the top innovative Biotech…
AI and IoT Impacting the Consumer Shopping Experience in Korea
As the world adjusts to shopping online since COVID-19, South Koreans are already used to it. South Korea already ranked inside the top 3 for online shopping even before COVID-19. Now, South Korea ranks second behind China in terms of online consumption. It is estimated that a little over 50% of…
