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Telecommunications & Media

MSIT and National Fire Agency to deploy precision location technology in Daejeon

South Korea's Ministry of Science and ICT and the National Fire Agency said they will apply precision location measurement technology at fire service sites in the Daejeon area to better identify the location of people needing rescue during emergencies. The technology combines multiple signals to reduce location error and provides height information inside buildings to identify floors. The agencies are working to apply it to the emergency rescue standard system and consider reflecting it in a next-generation 119 system.

Crypto

Former Ripple CTO questions XRPL staking debate, says asset control should come first

Former Ripple Chief Technology Officer David Schwartz raised asset control as the core issue in debate over possible XRP Ledger staking. Asked whether XRPL could support staking, he replied with a question about being one’s own bank versus being paid to be someone else’s bank. XRPL does not support native staking and uses a proof-of-association consensus model, with fees burned rather than paid out, making rewards harder to fund. External services are testing XRP yield programs.

Industry

Samsung Electronics starts giving digital Onnuri vouchers, linking traditional markets and small businesses

Samsung Electronics is starting to issue digital Onnuri gift vouchers to customers taking part in its “With the People, Samsung Electronics Thank You Festival,” it said on Monday. The company is using vouchers instead of direct discounts to connect with local small-business districts. The event runs for four weeks from June 8, offering vouchers worth 20 percent of the purchase amount, with an additional 10 percent benefit for “K-heroes” such as soldiers, police and firefighters.