With South Korea being one of the most technology advanced countries in the world, it offers a fertile ground for fintech companies. "According to Statista, the Transaction Value in the fintech market amounts to $43,032,000 in 2017. One can assume that the transaction Value has significantly risen in the last 2 years. In this blog post, I am going to talk about a few companies in South Korea that have left their mark on the fintech industry. The first company is Samsung. On August 20th, 2015 Samsung released Samsung Pay in South Korea. In South Korea, Samsung has over 1 million users. Samsung Pay is an app that allows its users to make payments and transfer money through their phones and other mobile devices. Now you might be thinking how is this fintech? Well, fintech is literally just financial technologies. And as simple as Samsung Pay is, it makes a huge difference in the financial world. The second company in the fintech industry is called Viva Republica. "Founded in ...
"South Korean students perform well on international tests. But like students all over the world, they are less and less engaged with school. They just don't like it." (QZ) Like most other countries, South Korea is struggling with keeping their students engaged with learning. Students are indeed smarter in South Korea, but they are still bored in the classroom. Ju Ho Lee, the former minister of education, science, and technology in South Korea believes one solution may be to embrace a model called "high-tech, high-touch" learning. As the diagram at the bottom of the page shows, "High-Tech" is adaptive learning that uses AI and Mobiles to first remember the information and then understand the information. After that, "High-Touch" is a project-based learning method that uses teachers to teach the information. First you apply your knowledge, then you analyze it. After that you evaluate your findings and then create your own ideas based off your ...