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KT will lover with electronic transformation to revitalize traditional marketplaces

KT introduced on the 5th that it has signed a “earn-gain settlement to revitalize the traditional marketplace” with the Ministry of SMEs and Startups, the Countrywide Association of Retailers and the Committee for Shared Progress.

The signing ceremony was attended by SME and Startup Minister Lee Young, Nationwide Retailers Association President Jeong Dong-shik, Mutual Development Committee Chair Oh Youthful-kyo and KT CEO Koo Koo Mo.

KT described that this offer was geared up for the comprehensive restoration of little company entrepreneurs and self-used frustrated by the Crown 19 and to reinforce the competitiveness of standard marketplaces by way of digital transformation and the development of a electronic industry foundation.

KT plans to cooperate with the enlargement of the Onnuri gift card payment infrastructure, the provision and guidance of digital conversion (DX) products and services, electronic education and the improvement of the sector conversation environment in order to assist the digital transformation of common marketplaces and bridging the digital divide.

KT options to participate in technological and political cooperation to develop the Onnuri card-style present card service and payment system released last thirty day period and to guidance the digital transformation of common markets by KT’s DX Smaller Business Service.

Digital education and learning is also remaining provided to traders in standard markets who have difficulty applying electronic products. In addition, it participates in the advancement of the conversation natural environment of classic marketplaces, this kind of as the institution of a pilot free of charge Wi-Fi zone in the industry and the repair service of out of date interaction networks, and also participates in the formation and operation of a public advisory body -personal for electronic transformation cooperation in standard marketplaces.

SME and Startup Minister Lee Young mentioned: “Present day signing ceremony is a really important function linking common markets, the backbone of neighborhood company regions, and KT, the backbone of the national information and facts community and conversation, in the ‘4th era of the industrial revolution’ symbolized by hyper-connectivity. We hope the agreement will serve as an opportunity to renovate area traders into innovative business people. “

KT CEO Koo Koo reported: “We will continue to get the job done jointly so that KT’s Digico technologies can serve as the basis for the electronic transformation of traditional markets and the revitalization of industrial parts.”

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