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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…
A Korean Startup Needs to Capitalize on CBD Oil in Korea
Korea became the first country in East Asia to legalize medical marijuana. CBD oil in Korea is big news considering the United States has seen a boom in the cannabis market in the past few years once cannabis was legalized. The CBD market in the states is expected to hit $20 billion by 2024. With…
How Korean startups want to create a more sustainable future
Korea is a country that is committed to growing a sustainable environment. Former president Lee Myung Bak was the first to address the nation’s environmental development. "If we make up our minds before others and take action, we will be able to lead green growth and take the initiative in creating…
ArtnGuide Allows Anyone Invest in Artwork Through the Blockchain
Korean startup Yeolmae Company is the operator of an online platform called ArtnGuide. ArtnGuide lets users pool their money together to buy famous works of art in hopes of selling them at a higher price further down the line. The startup aims to bring fine art to the masses and give everyday…
