NEOPIN and Sevenline Labs collaborate to boost Web3 gaming expansion

Seongnam City Hosts Seminar on Industry 4.0 AdvancementSeongnam City of Gyeonggi Province announced that it held a seminar on Tuesday under the theme “Seongnam: 50 Years Today, 50 Years Tomorrow” at the city hall to discuss the vision and prospects of the city’s identity as a technological hub for the Fourth Industrial Revolution, or Industry 4.0. Some 100 individuals were in attendance, including the city’s mayor, Shin Sang-jin, and the Director of the Seongnam Research Institute, Im Jong-soon, along with other experts, citizens, and city officials.Photo by Sandro Katalina on UnsplashPath to the Fourth Industrial RevolutionFor Seongnam to develop further, Shin emphasized the need for a specific vision for the city’s future growth. “Gathering individual talent and corporations to drive innovation is the key to leading the Fourth Industrial Revolution,” he said.Shin presented seven major tasks required to achieve this goal, including the establishment of a next-generation semiconductor cluster, a bio cluster, an Industry 4.0 cluster, a special zone dedicated to blockchain and the metaverse, a metaverse platform, and a smart city, as well as a Digital Twin City project. Director Im Jong-soon pledged that the Seongnam Research Institute would support the city’s development through extensive research.During the seminar, multiple experts also gave presentations on various topics, such as the growth process of Seongnam’s industry, digital transformation, and the city’s tasks in becoming an Industry 4.0 hub.Following the presentations, a panel discussion was led by Jang Yoon-jong, a research fellow at the Korea Development Institute. The discussion included participation from Lee Kwang-yong, Head of Policy Strategy at Naver; Kim Seo-gyun, Secretary-General of the Korea Fabless Industry Association; and Kwon Soon-bum, a research fellow at the Seongnam Research Institute. The panelists engaged in a lively debate on the prospects of Seongnam’s development.Innovation and research for a vibrant futureThe Seongnam Research Institute was established on July 3, becoming the first of its kind among cities with a population of over 500,000 to provide policy alternatives and improve the quality of life for citizens through systematic research on current issues.

Upbit procures ISO 22301 certificationDunamu, the blockchain and fintech firm that operates South Korea’s largest crypto exchange Upbit, announced Wednesday (local time) that Upbit has obtained the ISO 22301 certification, an international standard for security and resilience that evaluates a company’s business continuity management system (BCMS) based on its ability to protect against and respond to disruptive events. The firm disclosed that it acquired the certification from the U.S. International Accreditation Service (IAS) on Nov. 6.Photo by John Salzarulo on UnsplashNavigating risk managementMore specifically, the ISO 22301 certification evaluates a company’s ability to maintain uninterrupted and stable business operations through the prevention, response and recovery in the event of accidents, man-made or natural disasters and more. It offers several benefits for companies, such as proof of compliance with legal requirements, which serves as a marketing advantage, and the prevention of large-scale damage.To obtain the certification, companies must prepare in advance for unexpected disruptions by analyzing the level of impact that such events can have on business operations and the amount of time needed to recover, then put relevant policies in place to facilitate recovery. To maintain the certification, enterprises must also undergo an annual follow-up audit and a renewal audit every three years.Commitment to business resilience“We obtained the certification to protect user assets and provide safe services that do not stop in the face of external influences,” Dunamu said, emphasizing its commitment to enhancing service reliability and protecting investors. “We will not stop our efforts to become the most trusted cryptocurrency exchange.”Upbit has previously acquired other ISO certifications, such as the ISO 27001 for information security; the ISO 27017 for information security in cloud computing; and the ISO 27701 for privacy management. The exchange also obtained ISMS-P in 2021, a certificate administered by Korea’s Ministry of Science and ICT and Personal Information Protection Commission for information security and personal information management.

NADA Protocol, a blockchain content platform and operator of the Play-to-Earn (P2E) NFT game Slime World, has forged a global investment partnership with IT investment firm Algorithm X, according to an article published by South Korean online news site Interview 365.Photo by Chris Liverani on UnsplashStrategic alliance"Through this partnership with AIgorithm X, we will accelerate our efforts to attract global investments. Also, by leveraging Algorithm X's infrastructure, we will expand our presence in the global market and create more partnerships with various companies in the future," NADA Protocol explained. Revolutionizing the blockchain industryNADA Protocol is a platform specializing in the production of blockchain content. It is most known for Slime World, which runs on the NADA Protocol Token – a Hedera-based reward token that is currently priced at approximately $0.03 on CoinMarketCap. The game surpassed one million global downloads in less than a month after the release of the updated version.  Meanwhile, Algorithm X is a company led by a group of financial experts from JPMorgan and professionals in the blockchain industry that manages global digital assets through proprietary trading. The company specializes in discovering and fostering promising projects and companies through global investment consultations and marketing campaigns.