DBC, SK E&S, and Jeju Technopark Sign MOU for 'Jeju Smart Challenge Project'

[Asia Economy Reporter Jang Hyowon] Daily Blockchain (hereinafter DBC), an ICT solution company specializing in 4th industrial revolution technology, announced on the 18th that it signed a tripartite memorandum of understanding (MOU) with SK E&S and Jeju Technopark to establish a cooperative system for the ‘2020 Jeju Smart Challenge Project’.

The online video MOU signing ceremony, conducted in a non-face-to-face manner, was attended by about 10 key stakeholders of the ‘2020 Jeju Smart Challenge Project,’ including DBC CEO Cho Youngjoong, SK E&S Team Leader Lim Gwangcheon, and Jeju Technopark Center Director Go Yongje.

Through this MOU, the three companies plan to establish a mutually organic cooperative system to engage in multifaceted collaboration for the utilization of renewable energy and ESS, including ▲preliminary smart city challenge projects ▲expansion of renewable energy use ▲V2G-related vehicles, charging infrastructure, and data exchange.

The ‘2020 Jeju Smart Challenge Project’ is a large-scale project aimed at introducing a 4th industrial revolution technology-based ‘smart city’ by using convenience stores, gas stations, and bus stops in Jeju Island as smart hub bases to showcase services linking renewable energy and e-mobility sharing solutions, and verifying the possibility of energy trading through the utilization of surplus renewable energy.

DBC CEO Cho Youngjoong said, “By comprehensively adopting advanced 4th industrial revolution IT technologies such as big data, Internet of Things (IoT), and artificial intelligence (AI), we plan to build and implement the most perfect ‘smart city’ system not only in Korea but globally.” He added, “Through this MOU, the three companies will efficiently link their top-level technologies to generate and realize various ideas for sustainable win-win development aimed at realizing ‘Carbon Free Island (CFI) Jeju.’”

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