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Hecto WalletOne, WiseCare partner on stablecoin wallet infrastructure for clinics, hospitals

Hecto WalletOne, a blockchain wallet infrastructure company, and electronic payments and fintech firm WiseCare have signed a partnership to develop stablecoin wallet infrastructure and digital payment services for clinics and hospitals, Hecto WalletOne said on Thursday. Under the deal, WiseCare will introduce Hecto WalletOne’s in-app wallet, O-HI Wallet, into its app to improve global customer payment access and convenience. The companies plan to jointly commercialise a model linking wallets and digital payments for medical settings.

Telecommunications & Media

LG Hellovision holds AI agent hackathon, identifies 83 practical tasks

LG Hellovision said on Tuesday it has completed an artificial intelligence agent hackathon joined by 203 employees. The event ran for a month in April and tested tasks for on-the-job use using generative AI, including optimising sales routes, generating local channel news articles, organising fax reception data and analysing customer inquiries. A total of 83 tasks were submitted, with eight selected as award winners.

Telecommunications & Media

KT Q1 operating profit falls 29.9 percent on cost burden, seeks rebound with AX

KT posted first-quarter consolidated revenue of 6.78 trillion won and operating profit of 482.7 billion won, down 1.0 percent and 29.9 percent from a year earlier. It cited base effects from a one-off gain last year and higher costs, including a customer reward programme and some expenses linked to an incident. KT said growth in wireless and fixed-line services and expansion of its AI transformation business were positive signs, and it plans to step up AX initiatives.