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Education Inequality in Korea is a Problem that Needs to be Solved
Having access to better schools, teachers, and private education is a huge advantage for those who can afford it. Education inequality exists all around the world, however, it is extremely problematic in South Korea. The education system in Korea has been criticized for putting too much weight on…
Shopping Habits in Korea Changed Due to COVID-19
When you walk down the streets of Myeongdong, Dongdaemun, Garosugil (Sina-dong), and even inside COEX mall, you will notice that more and more stores are shutting down. Offline stores have been under pressure due to online retailers even before COVID-19. Shopping habits in Korea are changing as…
Will Bank of Korea Launch Digital Currencies in Korea?
The Bank of Joseon introduced currency notes in Korea back in 1946. 4 years later, a new central bank called the Bank of Korea replaced the Bank of Joseon. Now they play a major role in maintaining price stability in South Korea. However, recently with the rise of Bitcoin and other…
Magbot – World’s First Wireless Robot Automatic Tool Changer
The robotics market is forecast to be worth $214.7 billion by 2030. This significant figure is attributed to the increased adoption of robotic technologies globally. In particular, demand for robotic solutions is growing in sectors that require the performance of repetitive tasks such as packaging,…
IMSYSTEM – Microrobot for Cardio Vascular Disease Procedures
Microrobots are becoming increasingly popular in cardiovascular disease procedures due to their unique ability to navigate through the vasculature and deliver drugs or perform other procedures at a specific site. Korean startup IMSYSTEM has created a micro-robotic medical system for…
Clean Beauty Startup Power Player – Beauty Brand ongredients
There has been a growing trend among beauty brands in recent years to focus on sustainable and cruelty-free products. This is in response to increasing consumer demand for sustainable and ethically-produced goods. Many cosmetic companies have switched to using organic ingredients and have adopted…
