Dongdaemun Supply Chain Datafication... KB Kookmin Bank Partners with IT Companies
Building the Fashion Market Supply Chain Data... Discovering Financial Services for Small Business Owners
On the 24th, at the KB Kookmin Bank Yeouido IT Center in Yeongdeungpo-gu, Seoul, (from left) Yoon Jin-su, CEO of KB Kookmin Bank Tech Group; Lee Han-su, CEO of Goodtier; Park Jae-hyun, CEO of Lambda256; Lee Yeon, CEO of Shareground; Seo Won-jun, CEO of Selmate; Jo Hyung-il, CEO of WeAdore; and Kwon Oh-hyung, CEO of Winkstone Partners, signed a "Business Agreement for the Establishment and Utilization of the Dongdaemun Fashion Supply Chain Data Chain" and are taking a commemorative photo. (Photo by KB Kookmin Bank)
View original image[Asia Economy Reporter Minwoo Lee] KB Kookmin Bank is partnering with startups, blockchain specialists, and shopping mall integrated management companies to digitize the supply chain of the Dongdaemun market.
On the 25th, KB Kookmin Bank announced that on the 24th, it signed a business agreement for the 'Establishment of a Supply Chain Data Chain for Dongdaemun Market' with Dongdaemun fashion platform startup Shareground, WeAdher, shopping mall integrated management service company Selmate, fintech startup Winkstone Partners, blockchain specialist Lambda256, and Goodtier.
Accordingly, KB Kookmin Bank will promote ▲ the establishment and mutual utilization of the Dongdaemun fashion supply chain data chain ▲ discovery of financial products and services utilizing the Dongdaemun fashion supply chain data chain ▲ research cooperation on the convergence of supply chain data and blockchain technology.
To this end, KB Kookmin Bank will first build a supply chain data chain of transaction data from clothing factories and wholesale and retail businesses in the Dongdaemun market using blockchain technology in collaboration with startups. Based on this, it plans to provide financial services to small business owners in the Dongdaemun market who lack sufficient credit information.
Hot Picks Today
"Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- "Striking Will Lead to Regret": Hyundai-Kia Employees Speak Out... Uneasy Stares Toward Samsung Union
- Man in His 50s Arrested for Confining Girlfriend in Car After She Announced Breakup
- Assaulted by Elementary Student During Class... No Protection Due to 'Instructor' Status
- "If You Booked This Month, You Almost Lost Out... Why You Should Wait Until 'This Day' Before Paying for Flight Tickets"
Yoon Jinsoo, head of the Tech Group at KB Kookmin Bank, said, "The attempt to connect the scattered Dongdaemun supply chain data into one is significant in itself," adding, "We will expand collaboration with more startups to provide financial services suitable for SME-centered supply chains like the Dongdaemun fashion market."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
