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Industry

Korean blockchain firms post joint commercialisation and technology cooperation gains in Europe

South Korean blockchain companies signed joint commercialisation contracts and technology and export cooperation agreements at a European ICT exhibition and won an award at a global startup competition. The science ministry held a follow-up meeting in Seoul to review results from GITEX AI Europe in Berlin, where 23 Korean firms joined a Korea blockchain pavilion. Companies conducted 957 consultations, including 286 tied to exports and investment, and called for regulatory advice and follow-up matching support.

People

Shinhan Financial Chairman Jin Ok-dong volunteers in Seoul Station shantytown

Shinhan Financial Group Chairman Jin Ok-dong (진옥동) took part in volunteer work to help residents of the Seoul Station shantytown stay healthy through the summer. Shinhan Financial said it carried out the activity on June 30 at the Seoul Station Shantytown Counseling Center in Yongsan, Seoul, with Jin and group affiliate CEOs. It donated a refrigerator to the center’s “Ongi Warehouse” sharing space and sponsored summer daily necessities for 811 residents.

Finance

Woori Bank designates \'100-year branches\' to highlight 127-year history

Woori Bank said on Sunday it will launch a project to spotlight its history and traditions by designating branches that have operated for more than 100 years, marking its 127th anniversary. It plans to name 15 locations as \'100-year branches\' including Jongno Financial Center, Seoul City Hall Financial Center and the Incheon branch. The bank will install plaques and sculptures symbolising heritage. It will also introduce new heritage design elements across customer touchpoints.