"NFT Mainstream Pickup" 7-Eleven Takes on Distribution Platform Innovation with Startups

Last Month, Lotte Ventures and Special Zone Foundation Selected Two Promising Startups for 'Distribution Platform Innovation Open Stage'
Launching Businesses in 'Plastic Waste Recycling' and 'NFT-Based Alcohol Pickup Service'

Last month, attendees took a commemorative photo after the 'Distribution Platform Innovation Open Stage' hosted by Seven Eleven in collaboration with Lotte Ventures and the Special Zone Foundation. (Photo by Seven Eleven)

[Asia Economy Reporter Yuri Kim] Seven Eleven is partnering with capable startups to innovate its convenience store distribution platform.

Seven Eleven convenience store announced on the 24th that it will promote new businesses with two final selected innovative companies through the 'Open Stage for Convenience Store Distribution Platform Innovation' held last month targeting innovative technology companies within national research and development zones.

The Open Stage for Convenience Store Distribution Platform Innovation is a startup competition held on the 21st of last month in collaboration with Lotte Ventures and the Research and Development Zone Promotion Foundation to discover capable startup partners to participate in Seven Eleven's digital transformation (DT) new business. A total of over 30 companies from 4 fields participated in the Open Stage, and 10 innovative companies that passed the document screening competed fiercely. Ultimately, two companies, 'Terablock' and 'Blinkers,' were selected.

Terablock, a company specializing in environmental engineering services, proposed a 'chemical recycling business for waste plastics' in the ESG (environment, social, governance) field during the competition. Blinkers, a company specializing in alcoholic beverages and e-commerce, proposed a 'wine gift & pickup service using non-fungible token (NFT) technology' in the online and e-commerce field. Seven Eleven, together with the Special Zone Foundation, will provide proof of concept (POC) opportunities and commercialization support to the two companies, actively supporting the 'waste plastic recycling business' and 'NFT-based alcoholic beverage pickup service' proposed by the two companies to establish them as new innovative businesses of Seven Eleven.

Meanwhile, Seven Eleven has also been conducting new businesses with promising startups. In July, it started drone delivery services by installing the industry's first drone station at 'Gapyeong Arboretum Branch No. 2' in partnership with 'Pablo Aviation,' a startup specializing in drone logistics delivery solutions and services. It is also participating in the 'Demand-tailored Service Robot Development and Distribution Project' led by the Korea Robot Industry Promotion Agency together with the startup 'Newbility,' conducting tests to build an urban convenience store robot delivery service model.

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