SICAN Insights

SICAN Insight #14 Adam Smith once famously noted in his book, The Wealth of Nations , that it is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner but from their regard for their own self-interest. For centuries, such self-interest was mainly concentrate

(Wearable device keywords, TechforAging) A representative example of a human-centered design can be said to be a wearable device. Currently, the biggest stake in the wearable device business in Korea is the elderly wearable device. The greatest potential of wearable devices is that they can be a me

With headlines like Beeple sold an NFT for 69$ million circling around the internet, it is easy to understand how NFTs have gained the interest of so many and become one of the defining buzzwords of 2021. Just in the last year, NFTs have become a 40-billion-dollar market with 28.6 million wallets

Have you ever heard about the trending keyword, ESG? ESG represents using environmental, social, and governance criteria to estimate nations and corporations on how far developed they are regarding sustainability. Specifically, the environmental area deals with the preservation of our natural worlds

Today, living without plastic would be almost impossible in everyday life. The world’s plastic production is increasing rapidly, creating massive amounts of plastic waste; thus, problems related to plastic waste are occurring everywhere. South Korea is often characterized as “The Trash Kingdom” or “

With many industries experiencing a digital transformation, Artificial Intelligence (AI) has emerged as a main driver in technology-driven projects. Although the development and training of AI contributes to the carbon footprint, AI has the potential to provide innovative solutions for building envi

The word "Metaverse" has become a strong current these days especially during the COVID era, as more people seek online social connections. The term metaverse is a compound of the two words which are; 'meta' that stands for transcendence and the world, and 'universe'. Since the metaverse is constant

Being healthy has been one of the biggest goal in man history. The development of medicine and medical procedures are ongoing on a exponential rate. With the pandemic we were able to realize the importance of medical treatment for the mankind. Providing the adequate procedures as fast as possible ha

‘Maker’ stands for those who make what they want. They create, share, cooperate, and integrate knowledge regarding what to make and how to make based on internet open sources. They also advance goods development and manufacturing, as well as address all those who participate in making. Makerspace s

Reforming regulatory policies is the first priority that Korea should manage in preparation for the gale of the fourth industrial revolution. According to the research of Tech&Ro, an IT law firm, 13 out of the world's top 100 unicorn startups are banned to implement their business model in Korea, an

Though familiar to most Yonsei students as a design tool, Adobe is one of the leading IT corporations that actively tries to practice Environmental, social, and governance (ESG) values. Environmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that soci

Grant funding innovation has many advantages toward its customers, the larger market, and the economy itself. Nesta refers to innovation as the process by which ideas transfer into practical value in society: new goods and new services. There is a relationship between economic growth and innovati

Denmark's Professional Foundation (or Specialisterne), an organization that changes the way society perceives autism by changing autism from handicap to competitive advantage. The Specialist offers three main services. First, its evaluation and training program includes a 3-5 month individual assess

Sarah Drummond is already convinced of the direction of her job as a designer. Drummond, a trained product designer, is part of the GetGo Glasgow team at the Glasgow School of Fine Arts in Glasgow, holding in hand social transformation projects. Drummond and other young designers use their expert

What3words, a London-based mapping startup, introduces you an innovative and more user-friendly way to substitute traditional addresses to track down where you are. Chris Sheldrick, CEO of What3words, came up with an idea of pinpointing a specific place by assigning only three random words tied to t

With digital transformation disrupting the banking industry and creating new competitors in the fintech space, banks have been heavily pressured to develop a solution of their own across their value chain. Investment banking is one of the more obscure sectors that have received less attention than

Over the past decades, the global society has been rapidly shifting from conventional analog to digital technologies. Such transition has brought about numerous benefits to mankind, such as reinforced international connectivity, enhanced data collection, and freedom from spatial restraints. A less

SICAN Insight #08 Digital technology has played a significant role in healthcare for the past few centuries. Electronic health records (EHRs) of patient files came into common practice since the 1990s, and from this developed combined storages and online data space, facilitating analysis, communica

‘Platform’ is one of the hottest keywords these days. Out of the 10 most valuable companies in the world, 8 of them are platform companies such as Facebook, Amazon, and Google, and 3 of them are worth more than a trillion dollars. More importantly, 70% of all Unicorn companies (startups worth more t