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Industry

KT pushes commercialisation of remote driving technology with Kia and SUM

KT said it signed an agreement with Kia and autonomous driving technology company SUM at Kia\'s Yangjae headquarters to push the commercialisation of remote driving technology. The partners aim to set up an operating framework to deliver the technology as a service and to identify business models for use in the private and public sectors. They plan work on service operations, data analysis, technology upgrades, exhibitions and legal and institutional groundwork.

Finance

Naver Pay to support payment fees for micro merchants during summer holiday season

Naver Pay will support payment processing fees for micro merchants during a period of rising summer holiday demand. The programme covers eligible merchants using online and offline payments as well as Naver Reservation and Order merchants. Support applies from July 27 to Aug. 2, and merchants will be included automatically without a separate application. Fees incurred during the period will be totalled and paid in full in a lump sum in September.

Crypto

Evernode CEO says tokenisation is only the start, assets must be managed on XRPL

XRP Ledger is evolving from a network that simply hosts tokenised real-world assets into infrastructure used for financial activity, Evernode CEO Ashish Birla said. He said the next stage of tokenisation is enabling assets to be managed while tokenised, not just issued on a blockchain. Birla cited RWA.xyz data showing XRPL’s RWA value rising from $900 million to $4.4 billion this year. He also pointed to Ripple’s stablecoin RLUSD as an early example of liquidity concentrating on XRPL.