Indent Corporation Wins Grand Prize at '2020 Contactless Business Challenge'

Real Buyer Shopping Reviews Using AI Chatbots... Trustworthiness and Convenience Are Award Factors

Indent Corporation participating in the '2020 Contactless Business Challenge'

[Asia Economy Reporter Kim Cheol-hyun] Indent Corporation (CEO Yoon Tae-seok), which developed the AI-based video review service 'V Review,' announced on the 21st that it won the grand prize at the '2020 Non-Face-to-Face Business Challenge' hosted by the Seoul Regional Small and Medium Venture Business Administration.

This event was organized to discover and support promising startups related to non-face-to-face new technologies and services that have emerged due to the novel coronavirus disease (COVID-19). A total of 7 teams advanced to the finals, which were held non-face-to-face, out of 125 applicant teams, and Indent Corporation took the grand prize. Through this grand prize award, Indent Corporation will enjoy various benefits such as investment attraction, linkage with open innovation of large corporations, and preferential admission to the incubation space at the Seoul Creative Economy Innovation Center.

Indent Corporation introduced a commerce platform that secures shopping reviews from actual buyers in intuitive videos and shares highly reliable product information through the AI-based video review service V Review. As the e-commerce market expands in the post-COVID-19 era, it was recognized for its growth potential in eradicating fake reviews and helping companies increase sales.

V Review is a one-stop upload system that allows customers to write reviews directly in the chat window using an AI chatbot. More than 1,600 shopping malls have adopted V Review, which collects and manages videos with AI, and the number of V Review chatbot users exceeded 5 million as of the end of last month. Indent Corporation recently launched 'My V Review,' a service that combines the concept of financial technology with the video review platform by providing reward points starting from at least 100 KRW per video review uploaded.

Yoon Tae-seok, CEO of Indent Corporation, said, "As the post-COVID-19 era arrives, the influence of video reviews in the e-commerce market is growing." He added, "Through V Review, commerce will be able to easily collect consumers' video reviews at a reasonable cost, and consumers will have the opportunity to experience new, trustworthy, vivid video reviews."

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