Hankook & Company, the holding company of Hankook Tire & Technology (Hankook Tire), held its 15th annual shareholders’ meeting at its headquarters in Pangyo, Seongnam, Gyeonggi Province, on March 28. At the meeting, it passed a proposal to establish a provision for interim dividends. Hankook & Compa
Butechnology's successful patent application and registration for aircraft maintenance have raised expectations for its entry into the civilian aviation maintenance sector.On the 14th, KOSDAQ-listed company Butechnology (CEO Jin Yeop Lee) announced that it has obtained a patent for augmented reality
NEOPIN, a decentralized crypto banking service, announced today that it has signed a strategic business agreement (MOU) with Catalyze Research (Catalyze), a web3 and blockchain consulting firm, and Futureverse, a metaverse, artificial intelligence (AI), and infrastructure development company, to exp
In the future, cryptocurrency issuing companies will no longer be able to arbitrarily recognize profits or assets.The Securities and Futures Commission (SFC) under the Financial Services Commission (FSC) announced on Dec. 21 that it had passed the “Supervisory Guidelines for Accounting Treatment of
Korean companies facing patent infringement issues with global IT giants will band together to fight back. Their idea is to raise money for legal fees through a securities token offering (STO) system and return it to STO investors if they win a patent infringement lawsuit and receive compensation.Ac
The RIGO Project officially launched its mainnet on the 4th (Korean time) and successfully created the genesis block (the first record registered on the blockchain), as announced through its official account.The RIGO Project explained, "After releasing the testnet in August and continuing to update,
On Sept. 21, Busan Mayor Park Heong-joon and the Busan Digital Asset Exchange Establishment Promotion Committee held a press conference at Busan City Hall to announce a “Plan for Establishing the Busan Digital Asset Exchange.”The main objective is to create a fourth-generation blockchain-based excha
SK C&C is joining forces with NEAR Protocol to expand the convergent Web3.0 service ecosystem. On Sept. 21, SK C&C revealed that they have entered into a “strategic partnership for Web3.0 business expansion” with the NEAR Foundation, which oversees the Layer1 blockchain NEAR Protocol. Through this p
On Sept. 19, a commemorative event was held at the Samsung Fire & Marine Insurance Guide Dog School in Yongin, Gyeonggi Province, celebrating the guide dog program that the late Lee Kun-hee, former Chairman of Samsung, had dedicated himself to for 30 years following his “New Management Declaration”
AiiTONE pushed forward the establishment of the branch in Korea with the UAE Royal Family. It is the first time to build the Royal Family Office in overseas countries.Bruce Jeong, the chairman of Middle Investment said at a press meeting held at Josun Palace Gangnam-gu, Seoul on the afternoon of the
The news of a visit to Korea by an official from the UAE Royal Family Office (hereafter referred to as the UAE Royal Office), which has signed a business agreement with Aiitone, a KOSDAQ-listed company, is attracting attention from related industries.Aiitone (CEO Jin Yeop Lee), a fintech specialist
Ahead of the government's legislation on security tokens (hereinafter referred to as STO), the related industries are experiencing an acceleration in their movement.According to a media report in Busan, it has been revealed that Aiitone (CEO Jin Yeop Lee), a company listed on KOSDAQ is joining a
Aiitone (CEO Jin Yeop Lee, 230980), a KOSDAQ-listed company, recently successfully completed the performance test of their block chain acceleration engine.It was announced on the 19th that Aiitone, a company specializing in web 3.0 technology, recently requested the Korea Telecommunications Technolo
Aiitone, a KOSDAQ-listed company, participated in the first global STO (Security Token Offerings) forum held in Korea and presented a blueprint for the era of STOs.Aiitone (230980, CEO Jin Yeop Lee), a fintech company based on block chain technology, participated in the Tokenomy Korea 2023 Internati
The author is an analyst for Shinhan Securities. He can be reached at byeongsu.kim@shinhan.com -- Ed.Leading IT service provider for the finance industryITeyes is an IT service provider founded in 2012, which saw its business grow along with rising demand for building workflow management systems fro
The author is an analyst for NH Investment & Securities. She can be reached at yd.yoon@nhqv.com -- Ed.Securities firms’ fundamentals greatly improved in 1Q23, backed by a favorable operating environment, including transaction amount growth and interest rate decline. Moving ahead, the key to earnings
A number of high-profile mergers and acquisition (M&A) deals were made in the entertainment industry recently. Kakao and HYBE's investment in SM Entertainment is a recent good example.Korean showbusiness companies are partnering with blockchain platforms for metaverse platforms or the non-fungib
For the first time since the enactment of the Act on Reporting and Using Specified Financial Transaction Information, a bill related to virtual assets (cryptocurrencies) has passed the National Policy Committee of the National Assembly.On May 11, the National Policy Committee voted to pass the Virtu
Hyundai Card released its newly registered credit card users and key metrics on May 4 in honor of the one-month anniversary of the launch of Apple Pay in Korea.About 355,000 new Hyundai credit cards were issued in the month following the launch of Apple Pay, up 156 percent from 138,000 in the same p
Bizmodeline is claiming that Apple Pay infringed upon its patent. It is an intellectual property company that owned more than 1,500 patents at the end of last year.According to the company, the payment method of Apple Pay infringes upon its patent applied for in 2005. According to the patent, a user