What is Decentralized Finance(DeFi)?

Part 3: Difficulties and Implications DONGGYU LEE   [ What are the challenges DeFi is facing ] 1) Poor performance: Blockchains are inherently slower than centralized models. The same goes for applications running on top of the blockchain. DeFi application developers should optimize their services to account for these limitations. 2) Risk of user error: […]

Apple TV + and Disney +: What to watch?

Minjun Son 2021. 11.23              Following Apple TV +, Disney + landed in Korea today, further expanding the OTT universe. #Apple TV +, the number of episodes is small, but the completeness is guaranteed              Since launching in the United States two years ago, Apple TV + has consistently featured high-quality series featuring popular stars. […]

What is Decentralized Finance(DeFi)?

Part 2: Where to Use DONGGYU LEE   [ How DeFi is used ] 1) Loans and rentals   The open lending protocol is the most popular type of application in the DeFi ecosystem. Open and decentralized lending system have many advantages over traditional credit systems. This enables instant transaction execution, digital assets can be […]

How Is the New Auditing Law Doing So Far?

Lim, Do Yeub It has been three years since the first implementation of ‘The New External Auditing Law’. The Financial Services Commission declared the new law about external audit of corporations in November 2018 for the purpose of enhancing the credibility of accounting. Compared to the law that existed before, three key points are added […]

What is Decentralized Finance(DeFi)?

Part 1: Meaning and Benefits DONGGYU LEE [ What is DeFi ]   Decentralized Finance (or simply DeFi) refers to an ecosystem of financial applications running on a blockchain network. Specifically, decentralized finance refers to a movement to create a transparent financial service ecosystem that can be used by anyone and operates without any central […]

Why buy luxury goods in department stores?

Minjun Son 2021. 11.16 Kim Hee-ae, Kim Woo-bin, Jo In-seong, Kim Hye-soo, Ju Ji-hoon… It is becoming a hot topic as a large number of famous actors, who are considered to be the best in Korea, appear in advertisements for startup luxury platforms rather than large companies’ brands. Stars who exert a great influence on […]

What is NFT? A new paradigm emerging with METAVERSE

Minjun Son 2021. 11.16 You hear NFT a lot these days, right? If you are not interested, you may not know what NFT is. So today, I am going to explain what NFT is so that you can easily understand it.              It means ‘Non-Fungible Token’ and refers to a token that represents a digital […]

About KICPA

Lim, Do Yeub Many people in Korea are interested in having specialized jobs nowadays as it is getting harder to start a career. For business school students, the most popular one is a certified public accountant(CPA). The number of applicants for the CPA exam is increasing recently. It was 8,512 people in 2019, and it […]