DBC Wins Contract for Intelligent Transportation System Construction Project in Anyang City

[Asia Economy Reporter Hyunseok Yoo] Daily Blockchain (hereinafter DBC), a specialized ICT (Information & Communication Technology) solution company based on 4th industrial revolution technology, has won the contract for the Anyang City Intelligent Transportation System (ITS) construction project.

The Anyang City ITS construction project aims to establish an efficient traffic operation system by installing smart systems at major intersections within the city. With a total project budget of approximately 3.3 billion KRW, the main task is to network the traffic signal controllers within the city to improve congested traffic areas and further lay the foundation for autonomous driving.

DBC plans to initially build smart intersection systems at a total of 20 locations, focusing on five main arterial roads including Gyeongsu-daero, Heungan-daero, and Gwanak-daero in Anyang City. Additionally, the company will replace and bring online about 455 outdated traffic signal controllers and introduce an integrated control system to comprehensively improve the ITS center system.

Jo Youngjung, CEO of DBC, stated, “As we have continuously secured projects in the traffic control SOC sector this year, we plan to carry out the projects flawlessly based on technology proven in the market. By analyzing various data, we will derive the most efficient improvement plans, and the integrated control system built on this will introduce an advanced 4th industrial revolution technology-based efficient traffic structure improvement system that citizens can directly experience.”

Meanwhile, the company plans to focus on expanding SOC project orders as the national public project budget continues to grow in line with the New Deal policy direction, aiming to further solidify its position as a leading company in 4th industrial revolution technology. As of October, DBC’s cumulative government and domestic project orders for this year amount to approximately 20 billion KRW.

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