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?
November 18, 2021 by Leave a Comment
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)?
November 18, 2021 by Leave a Comment
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?
November 18, 2021 by Leave a Comment
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
November 18, 2021 by Leave a Comment
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
November 5, 2021 by Leave a Comment
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 […]
‘Squid Game’ Themed Cryptocurrency ‘Squid Game Coin’ Falls to $0
November 5, 2021 by Leave a Comment
Yugyeong Jeong The price of a cryptocurrency with the theme of the drama ‘Squid Game’ currently airing on Netflix has fallen to $0. According to CoinMarketCap, a cryptocurrency information site, the price of the cryptocurrency ‘SQUID’ once surged to $2,861 per coin and then suddenly plummeted to $0.00079. Gizmodo, a media specialized in information technology, […]
Goodbye to old ‘Facebook’, welcome to the new ‘Meta’
November 5, 2021 by Leave a Comment
Minjun Son 2021. 11.02 Image source: Facebook “Facebook is no longer our number one priority. The metaverse will be the new future.” Facebook founder and CEO Mark Zuckerberg said in a confident tone. Facebook changed its name to “Meta”. Recently, Facebook CEO Mark Zuckerberg strengthened the Metaverse business, saying, “I want Facebook to be recognized […]
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