Latest News
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…
Why is the Youth Unemployment Rate in Korea so High?
The youth unemployment rate in South Korea currently stands at 10%. South Korea overall lost over 1 million jobs from the same time last year. The majority of job loss was in the service sector which has been hit especially hard during the coronavirus pandemic. Retail jobs, hotel jobs, and…
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…
INTIN – Creator of a Male Sperm Analyzer and Ovulation Tester
The global fertility services market is estimated to reach $45 billion by 2027. This opens up a massive opportunity for startups to innovate in the space. One of the most innovative startups is INTIN, the creator of a male sperm analyzer called OVIEW-M, which uses the camera on a smartphone to…
Creating Immersive Experiences Using Virtual Technology
Virtual worlds are no longer concepts we only see in movies. Over the past few years, virtual technologies have been on the rise. Especially with the ongoing pandemic, creating immersive experiences using virtual technology has become an everyday escape for people. Whether through games, social…
Why 3D Advertising in Digital Marketing is the Future
Digital marketing experts estimate that the average consumer sees around 5,000 ads a day. Those that spend over 4 hours per day on their smartphone might see double that. The competition to grab the consumers’ attention is growing by the day. If companies don’t stay updated with the latest digital…
