Pasoo Signs MOU with Kyung Hee University to Promote Cultural Content Industry

[Asia Economy Reporter Hyungsoo Park] Fasoo announced on the 18th that it signed a Memorandum of Understanding (MOU) with Kyung Hee University on the 14th to revitalize the cultural content industry.

Fasoo will support individual media creative activities by utilizing the content competition platform developed by Fasoo and the human resources and content of Kyung Hee University. Support for IT cultural content startups is also planned.

Fasoo developed an online content competition platform that allows online content in various fields such as IT, culture, and entertainment to be easily compared by category, and enables content consumers to directly evaluate and share opinions. Considering the importance of transparent management and security of user evaluations and voting in the competitive platform, Fasoo applied blockchain technology and online system security technology.

Kyung Hee University plans to co-design a content audition program with Fasoo based on the platform developed by Fasoo. A new course will also be opened to educate on individual media production and operation using the platform. Through the activation of industry-academia exchanges, the university plans to nurture professionals in the relevant fields.

Consulting and promotion for the new industry-academia cooperation program will be supported, and a portion of the profits from the cooperative project will be donated to the Kyung Hee University Development Fund.

Han Gyuntae, President of Kyung Hee University, stated, "The COVID-19 pandemic has brought significant changes worldwide in all fields, including universities," adding, "It is both a crisis and an important opportunity to take a step forward." He also said, "Through this agreement, we will actively pursue related research projects and the nurturing of professionals."

Fasoo CEO Jo Gyugon said, "Since the rapid spread of non-face-to-face culture after COVID-19, consumption of online content has increased," and added, "If Fasoo’s unique IT technology and Kyung Hee University’s content are well combined, great synergy can be created."

He emphasized, "We will develop the newly developed online content platform as a stepping stone to actively utilize it in the non-face-to-face conference platform market for enterprises."

This content was produced with the assistance of AI translation services.