KTNET's 'Intelligent Data-Based Digital Trade Logistics Platform' Wins Grand Prize in Intelligent Services at the 2020 Intelligence Awards

[Asia Economy Reporter Hwang Yoon-joo] Korea Trade Network Co., Ltd. (KTNET), the national electronic trade infrastructure operator, won the Grand Prize in the Intelligent Service category at the '2020 Intelligence Awards' hosted by the Korea Intelligent Information Systems Society on the 12th for its 'Intelligent Data-Based Digital Trade Logistics Platform.'

This platform innovatively transformed the existing electronic trade logistics systems used by the trade industry, uTradeHub (uTH) and uLogisHub (uLH), by integrating technologies such as artificial intelligence, blockchain, and big data into a platform service.

The platform received high marks for providing services utilizing various technologies, including AI-based automatic recommendation of the international Harmonized System (HS) codes, the AI consultation chatbot 'T-Bot,' and a blockchain-based export credit purchase and limit management system.

KTNET, which has played a pivotal role in paperless trade logistics operations as an electronic trade logistics intermediary for over 30 years, is proactively preparing for the post-COVID-19 era by promoting the establishment of a data distribution platform and data center alongside the digital trade logistics platform.

A KTNET official stated, "We will continue to innovate this platform to be more seamless, innovative, and mobile. KTNET will strive to build digital trade logistics infrastructure so that the industry can conduct trade logistics operations in the most economical and effective way and will leap forward as a platform company."

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