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Mate Korea, a resident company of Metaverse Hub Corporate Growth Center, announced that it has launched 'PIGSELL', a new commerce platform that allows product registration and sales at one click.
 
An official said, "Pigsell is a cross-border sales solution designed for small business owners and SMEs who having difficulties entering the global market. It enables users to quickly and scalably make both online and offline sales. Users can register and sell products with one click without signing up directly on global commerce. Pigsell also automatically translates registered products into the local language and enables integrated management of various certification procedures, such as product certification registration with the Global Food and Drug Administration.”
 
“The currently released version is version 1.0, and we plan to open a new version in conjunction with the web domain in the second half of this year,” said CEO Deok-hwa Shin. "Our goal is for all SMEs in Korea to easily solve everything from fulfillment to marketing through Pigsell.”
 
AI Natural Language Processing Company ‘Brain Ventures’ Selected as a Data Voucher Processing Company by the Korea Data Industry Promotion Agency.
 
Brain Ventures (CEO Won-hoe Kim), a resident company of ICT-Culture Convergence Center operated by the Ministry of Science and ICT and the National IT Industry Promotion Agency, announced on the 5ththat it was selected as a data voucher processing company by the Korea Data Agency for 2021.
 
The selection as the data voucher processing company is a feat accomplished by Brain Ventures, an AI-based natural language processing company, after 9 months of its establishment. It was evaluated highly for tangible research achievements such as the publication of research papers on AI natural language processing and the application of 5 patents and trademarks in a short period of time.

The data voucher business is a state-funded project to create new business model by processing various data (text, image, video, etc.) owned by demanding companies. Based on its own technology, Brain Ventures is developing AI chatbot engine, AI image processing module, generating AI sports data, and developing a business model through video processing, with demanding companies. Brain Ventures is also advancing into the field of processing legal data and intellectual property data based on data de-identification, weight reduction, and visualization technologies.
 
Meanwhile, Brain Ventures has developed an AI video content automatic translator and short answer scorer. It is currently co-developing sentence meaning extraction technology with Russia’s Ashmanov Neural Networks with the support of Small and Medium Business Technology Information Promotion Agency.“Brain Ventures is always open to companies hoping to create new business models through data processing,” said CEO Won-hoe Kim. “We will strive to realize the day when artificial intelligence freely understands, evaluates, and communicates with human languages.”

By Staff Reporter Dain Oh ohdain@etnews.com