Innovative technologies that were almost buried in old regulations, shined through the sandbox (general)

Held a two-year performance report meeting for the regulatory sandbox of the Korean Commercial and State Affairs Coordination Office

Approval of 410 tasks including facial recognition payment… Attracting investment of 1.4 trillion won and 2,800 jobs

Prime Minister Jeong Sye-gyun attends the regulatory sandbox performance report
Prime Minister Jeong Sye-gyun attends the regulatory sandbox performance report

(Seoul = Yonhap News) Reporter Seung-Doo Kim = Prime Minister Jeong Sye-gyun (center) at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul on the 2nd, attended the 2nd Anniversary Performance Report of the Regulatory Sandbox attended by Park Yong-man (left) and gave a greeting. . [email protected]

(Seoul = Yonhap News) Reporter Chul-seon Kim = We were almost blocked by the wall of old regulations, but the technologies and services that were able to see the light through the regulatory sandbox eventually gathered together.

On the 2nd, the Korean Chamber of Commerce and Industry and the Office of State Affairs Coordination held a’Sandbox 2nd Anniversary Performance Report’ at the Chamber of Commerce in Jung-gu, Seoul, and shared the achievements of the sandbox over the past two years.

The event was attended by Prime Minister Jeong Sye-gyun, Chairman Park Yong-man, Chairman of the Korean Sangsang, Koo Yun-cheol, Chairman of the Office of State Affairs Coordination, and Rep. Kim Jin-pyo, chairman of the Democratic Party’s National Economic Advisory Council, and members of the same party, Kang Hoon-shik, Ko Min-jeong, and Min Byeong-deok. Participated in video.

The regulatory sandbox is a system that exempts or suspends unreasonable regulations so that companies can freely try new products and services and launch them quickly, like a playground for children.

Prime Minister Jeong Sye-gyun said in his greeting, “The Moon Jae-in administration has transformed the paradigm of new industry regulatory innovation into’pre-permitted, post-regulated’.” “I did”.

According to the government, a total of 410 tasks were approved as a regulatory sandbox over the past two years, and through this, investments of over 1.4 trillion won and more than 2,800 jobs were created.

Prime Minister Chung said, “In this case, we will convert the special cases for demonstration into temporary permission so that there is no concern that the empirical special cases project will be suspended due to the unrevision of the regulatory laws and regulations. “We will do our best to make the regulatory sandbox a platform that supports entrepreneurship.”

Prime Minister Jeong Sye-gyun at the regulatory sandbox performance report
Prime Minister Jeong Sye-gyun at the regulatory sandbox performance report

(Seoul = Yonhap News) Reporter Seung-Doo Kim = Prime Minister Jeong Sye-gyun is giving a greeting at the 2nd anniversary performance report meeting held by Park Yong-man, chairman of the Korean Chamber of Commerce, and others at the Korean Chamber of Commerce in Jung-gu, Seoul on the 2nd. [email protected]

Chairman Park Yong-man said, “The’door of opportunity’ has been opened to 91 projects through the Sandbox Support Center of the Korean Sangyo. The shared kitchen business has come to fruition, such as the Food Sanitation Act, which has been handed down for the first time in 60 years. There was also” he said.

Chairman Park said, “If the’sandbox’ is one of those things that have been the most successful in the seven years of the chairman of Sangsang,” he said. “If the sandbox will settle well in the future and become a driving force that will open up innovation and boost the dynamics of our economy, It would be great,” he said.

Rep. Kim Jin-pyo said, “The global business environment that Korean companies face is changing too rapidly due to the variables of the 4th Industrial Revolution and Corona 19. The Democratic Party together with the Democratic Party in the National Assembly in February adopted the’Regulatory Sandbox 5 Act’ I will pass it through.”

Companies that received business licenses as sandboxes showed off various innovative technologies at the event.

Venture company’Tool Space’ released an autonomous driving robot’Dibot’. The quarantine robot disinfects every corner of the building, including the event hall, and the patrol robot, which smells, checks the indoor air condition.

‘Warp Solution’ with wireless charging technology also showed a technology that simultaneously charges several electronic devices within a 6m radius.

President Park Yong-man greeting
President Park Yong-man greeting

(Seoul = Yonhap News) Reporter Seung-Doo Kim = President of the Korea Chamber of Commerce and Industry Park Yong-man is giving a greeting by attending the 2nd Anniversary Performance Report Meeting held at the Korea Chamber of Commerce in Jung-gu, Seoul. [email protected]

Hyundai Motor Company[005380]Has introduced a’demand-response bus’ service called by a smartphone app, and Shinhan Card has introduced’FacePay’ technology, the first facial recognition payment service in Korea.

“Sandbox is one of the successful cases of public-private partnership,” said Woo Tae-hee, executive vice chairman of the Daehan Sangsang, and said, “In order to become a safer and faster sandbox, a dedicated government organization must be established and the active administration of public officials must be guided.”

Meanwhile, the government promoted the revision of the 5th Regulation Sandbox Act in order to alleviate concerns about business suspension of approved companies due to delay in the maintenance of regulatory laws, and converted special cases for demonstration into temporary permits or special cases for demonstration so that the business can continue until the revision of the laws is completed. I decided to extend the period.

In addition, it was decided to expand the’Quick Confirmation Application System’, which checks for regulations in new industries and new technologies, and expand the use of active administrative committees by regulatory ministries such as exemption from officials in charge to induce active regulatory interpretation.

In addition, the government decided to ease the administrative burden of companies applying for regulatory sandboxes, and promote the regularization of dedicated organizations for each department and increase of manpower (34 → 59).

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