Naver and Dunamu Announce ₩10 Trillion Investment in AI and Blockchain
Naver and Dunamu reveal plans to invest ₩10 trillion over five years in AI and blockchain-based financial infrastructure, marking a significant step in South Korea’s digital economy.
Summary
Naver and Dunamu have announced a ₩10 trillion investment over the next five years in AI and blockchain infrastructure. This follows their recent merger, combining Naver’s technological strengths with Dunamu’s blockchain expertise to develop next-generation financial services in South Korea.
Terms & Concepts
- Blockchain: A decentralized digital ledger that records transactions across multiple computers securely and transparently.
- Artificial Intelligence (AI): Computer systems designed to perform tasks that typically require human intelligence, such as decision-making and language understanding.