South Korea’s tech startup news: August 2020
The South Korea startup news collection here is gathered from online coverage of South Korea’s tech, startup and funding ecosystems across August of 2020, as covered in English-language internet media.
South Korean startup news items here capture Korean startup news headlines from the last month; each Korean startup news headline is hyperlinked to the online article behind it. This gives readers an instant overview of recent Korean startup news, and allows viewers to instantly read each Korean startup news article in full.
Our monthly news collections are drawn from Startup News Asia’s daily startup news updates – delivered on LinkedIn, Facebook, Twitter and by app – which gather technology news from across 17 locations across Asia and the Indo-Pacific.
- Digital technology has helped South Koreans cope with the pandemic. But the elderly have been left behind in the new contact-free era.
- Korea’s MVL gains $5M to accelerate supply of electric vehicles, aiming to distribute and sell estimated 10K E-TukTuks in Cambodia by 2021
- South Korea: Government to implement blockchain-based service in 2021, aiming to strengthen security of non-face-to-face medical and educational data
- South Korea: Elysia launches small-scale blockchain-based real estate investment service, allows users to invest from $92 per month
- South Korea: One million citizens have taken up blockchain-powered digital driving license since May this year, over 3% of driving population
- South Korea: Bitbit Group launches cryptocurrency payment pilot project for Busan’s Haeundae Beach System, allowing payments for water sports, life jackets and more
- Entrepreneurship World Cup South Korea National Finals set for August 25th, running virtually, online, hosted by beSUCCESS Media Group
- South Korea: Seongnam city expands blockchain-backed payments with issuance of digital gift certificates for cash, check cards, and mobile cards for use at 45K locations
- South Korea: KEB Hana Bank partners state-backed Korea Expressway Corporation highway operator for blockchain-based national toll payments system
- South Korea: Coinbit, the country’s 3rd-largest cryptocurrency exchange, reportedly seized by police over allegations it has faked most of its trading volume
- South Korea: Rowem launches integrated authentication platform to simplify online identification for web-and-mobile authentication and payments
- South Korea: Toss fintech raises $173M in drive to become financial super app, aiming for mobile securities service by year-end, and internet bank in 2021
In Other news
Other subject-specific news from across Asia-Pacific:
Asia’s tech news, daily
To stay up-to-the-minute with ongoing daily updates:
• follow @wadekwright on Twitter
• follow Startup Asia News on Facebook
• follow our LinkedIn startup news updates
• or install the Startup News Asia Android app