South Korean convenience stores are offering unique products and services in collaboration with sports, education and finance companies to attract more customers, according to industry officials.
The "My Data" initiative, part of the Korean Digital New Deal, allows people to exercise control over personal data and actively manage the data on healthcare, public services, and finance. Using a platform that combines and analyzes health-related data provided by hospitals, patients plan a proper diet and exercise regimen. Resulting in, a one-stop data platform streamlines the process, allowing people to get the registration done with just a few clicks on their device. The platform will analyze individuals' income and financial data to provide them with the best financial products tailored to their needs.
Korea and Israel will open the ‘Korea-Israel Light House Program’ and jointly invest $5.3 million in technology development in the field of robots. The Ministry of Trade, Industry and Energy held a ‘Korea-Israel Lighthouse Program Launch Conference’ with the Israel Innovation Agency in Tel Aviv, Israel on the 12th and announced such a technology cooperation program.
The government will continue to invest in the Korean version of the New Deal to maintain the momentum of the national transition to a digital and green economy one step ahead of other countries. Learn more about their efforts here!