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Wed, January 23, 2019 | 21:41

Opinion > Blogs > New Technologies & The Law >

Recent trends in gaming industry regulations

A few years ago, a panel of celebrities on a TV show was asked to rank Korea's cultural contents industry exports in terms of sales volume. The categories were movies, music, and electronic games, the last of which turned out to be the clear winner. Panel members expressed great surprise, as they seemed not to believe that video game industry sales could outrank movies and K-...

New Technologies & The Law | 2019-01-13 14:58

Handy tips for using ride-sharing services

The business-to-consumer ride-sharing market in Korea has rapidly increased and 5 million people here have used such a service. The whole process can be controlled by a smartphone application and you do not need to see or speak to anyone from the rental company.

New Technologies & The Law | 2018-12-29 09:25

Smart factories and pending Personal Video Information Protection Act

One of my clients is a software development start-up that is jumping on the bandwagon of the deep learning Smart Factory system. In the course of developing an automatic system to analyze the progress of shipbuilding for a leading Korean shipbuilder, a system that applies deep-learning mechanisms, the company designed an analysis methodology where the on-site shipbuilding pro...

New Technologies & The Law | 2018-12-15 10:48

The relationship between 'smart contracts' and vending machines

Our lives are closely related to contracts. Let's take my way to work today as an example. I turned on a music streaming app and left home listening to music. I entered the subway station by checking in with my transport card. I was thirsty, so I bought some water from the vending machine on the subway platform. I bought a sandwich from the store in front of my office. All th...

New Technologies & The Law | 2018-11-18 14:52

Copyright issues for playing recorded music in public

We hear music all around us in our everyday lives. There is music, not played directly by us, in all sorts of public places such as shopping malls, cafes, restaurants, clothing stores and gyms, and we recognize it as a normal part of our social environment. However, is this music played legally? Many people don't know, not even the business owners who play the music.

New Technologies & The Law | 2018-11-10 10:15

The unbearable lightness of tech law

There are two ironic characters who love each other in Milan Kundera's famous novel "The Unbearable Lightness of Being." The relationship between Tomas, a talented doctor and notorious womanizer, and his wife Tereza is full of contradictions. Although meeting countless women, Tomas truly loves Tereza. For him, she is the only one different from ordinary women. Thus his love f...

New Technologies & The Law | 2018-11-04 14:14

Is Korean Crypto Valley possible?

Starting with Switzerland's Zug, followed by the U.K.'s TechUK and China's Lujiazui Special Economic Zone, the concept of a “Crypto Valley,” now existing in various locations, offers a variety of benefits for startups that nurture and develop blockchain and cryptocurrency-related industries around the world.

New Technologies & The Law | 2018-10-27 09:33

If a grandfather pays grandchild's overseas study expenses, should he pay gift tax?

In general, the following rules are well known: a gift tax shall be imposed on any property that a person has received as a gift from another person; and the maximum value of property that a person can receive from another person within a 10-year period without paying a gift tax amounts to: (a) 600 million won from a spouse; (b) 50 million won in total from parents and grandp...

New Technologies & The Law | 2018-10-07 09:23

Eco-friendly automobile regulation in Korea

There is growing interest in environmentally friendly vehicles worldwide. Manufacturers at both ends of the market, from premium brands such as Mercedes Benz and BMW, to Chinese automakers, are developing eco-friendly cars.

New Technologies & The Law | 2018-09-29 09:57

Getting a refund in the sharing economy

Canceling a reservation and getting a refund is one of the most common problems a consumer faces. Many of us have stories of hassles encountered while trying to get our money back.

New Technologies & The Law | 2018-09-16 15:14

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