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Korean Bank KB Kookmin to Incorporate Blockchain Technologies
The largest bank in South Korea is KB Kookmin and they partnered with a Blockchain startup called Atomrigs Labs back in 2019 to launch a digital asset custody offering. They signed their strategic partnership last June. Atomrigs Labs is currently developing a product called Lime. Lime is a system…
Ways Foreign Players Can Dominate the SaaS Market in Korea
Competition in the SaaS (Software as a Service) space is increasing as customers are looking for better solutions to their problems. Korea has been known for its innovation in the tech space. Many software companies in Korea have sprung up. Thanks to the easily deployable infrastructure like AWS…
The Top 10 Klaytn Blockchain Applications for 2020
The Klaytn Blockchain was developed by the Blockchain unit (Ground X) of Korea's top messaging platform Kakao. Klaytn is a public Blockchain platform that was launched in 2019. It combines the best features of both public Blockchains and private Blockchains through their hybrid design. Therefore,…
Korean Government Agencies That Support Startups
The startup ecosystem in Korea has been surging since 2015. Furthermore, the Korean government launched a drive to support startups and also promote entrepreneurship among the youth. Entrepreneurship drive has been one sure strategy at the core agenda of past and successive presidents to alleviate…
E-Scooters in Seoul – Who will dominate the Industry in Korea?
E-Scooters have taken over Seoul. Starting from Gangnam station and branching out, you will see more and more E-Scooters on the streets. They have been popping up over the past few years. Companies like Beam, Lime, and Kickgoing have placed their e-scooters near over 100 subway stations in Seoul.…
Incheon Startup Park – Landmark of Innovation Growth
Shinhan Financial Group hosted an MOU ceremony along with the Ministry of SMEs and Startups, the Incheon Metropolitan City, and Celltrion. They aim to build an ecosystem for innovative startups through Incheon Startup Park. In addition, Shinhan will create a top-tier, one-stop platform in Korea…
