Mingi Woo First, we must look at the two main composite indexes in Korea. While the United States has three indexes (S&P 500, Dow Jones Industrial Average, and Nasdaq), Korea has two main indexes (KOSPI, KOSDAQ). KOSPI measures the performance of large/well-established businesses, while KOSDAQ measures small to medium-sized businesses. How is the composite stock […]

Yugyeong Jeong Recently, as the Internet has been combined with automobiles, ‘connected cars’ have begun to appear in which drivers share and utilize various information. A connected car is a vehicle that enables two-way communication by connecting information and communication technology to the vehicle. Connected cars communicate in real-time with other vehicles, transportation and communication […]

Lim, Do Yeub In 2017, Korea ranked 63rd place out of 63 countries in the accounting transparency ranking conducted by the International Institute for Management Development. Unlike its economic status in the world, Korea’s accounting credibility level is still close to that of developing countries. Accounting fraud problems are one of main reasons for this […]

DONGGYU LEE The word ‘NFT’ that you hear a lot these days, what exactly is this NFT? NFT stands for ‘Non-Fungible Token’. The fungible tokens each have the same value and function. They can be exchanged with each other, and if a 1:1 exchange of the same unit occurs, it is the same as if […]

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: […]