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SeoulLabs CEO Roy Jang (center), Yoojin Construction CEO Lee Jae-bok (right), and representatives from the Cambodian government.
On the 30th, SeoulLabs, led by CEO Jang Do-hee, hosted senior officials from Yoojin Construction, led by CEO Lee Jae-bok, as well as high-ranking representatives from the Cambodian Ministries of Posts and Telecommunications, Finance, and Construction. The meeting, held at SeoulLabs’ offices, was an opportunity to demonstrate the advancements in Korean IT technology and explore collaborative approaches for informatization projects between the two countries.
This visit is part of Yoojin Construction’s ongoing project to develop data centers across Cambodia, competing with Japan’s NTT and various Chinese ICT firms to demonstrate the superiority of Korean IT. Discussions focused on strengthening IT collaboration between the two nations and exploring new synergies through SeoulLabs’ Xphere mainnet and ZIGAP virtual asset wallet service.
SeoulLabs presented its capabilities in data center operations secured by its own security systems, along with technical demonstrations for various servers including Xphere and SASEUL mainnets, and ZIGAP and SLUSH services. Notably, the demonstration of XP token transactions via Xphere mainnet and ZIGAP left a strong impression on Cambodian officials. During this session, technicians from the Cambodian Ministry of Posts and Telecommunications actively participated in testing the ZIGAP tokens, showing great interest in SeoulLabs’ cutting-edge technology.
Moreover, SeoulLabs introduced new directions for Cambodia’s digital asset market and payment services in the demonstration.
SeoulLabs’ CTO, Paul Kim, stated, “The visit from the Cambodian government represents a significant opportunity to showcase the excellence of Korean IT technology on the global stage. We are committed to further enhancing the contribution of Korean blockchain technology to Cambodia’s informatization projects.”
The collaboration with the Cambodian government is expected to serve as a crucial stepping stone for the international expansion of Korean IT technology and the development of Cambodia’s informatization projects. Yoojin Construction and SeoulLabs plan to continue leveraging Korean blockchain technology in cooperation with the Cambodian government to foster the growth of Cambodia’s digital asset market and payment services.
Website: https://seoullabs.io/
Linkedin: https://www.linkedin.com/company/seoul-labs-inc/
Youtube: https://www.youtube.com/channel/UCxvtnhxfY9eCdxF
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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
