Why Own When You can Share or Rent?
The sharing economy that has been fast-expanding by more than 80 percent annually around the world is catching on fast in Korea. The concept of sharing and lending unused resources has been applied to living, working, and parking space and cars. People have been lending things for thousand years but the Internet has made it easier to find the match and generate revenue from the transaction. The emerging business model has picked up amid slow economy. We will study the outlook of the sharing economy market.
Advanced CCTV technology with long range facial recognition
Although the use of closed-circuit television (CCTV) for crime prevention is becoming more common, it has always not always been easy to identify faces accurately using conventional technology. Now, a research team in Korea has successfully developed a closed-circuit television capable of accurately recognizing human faces at distances up to 60 meters. We learn more about this game changing innovation in CCTV technology.
Youthful Startup IO: To Make Our Homes Smart the Easy Way
Who does not hate getting up to turn off the lights before going to sleep? It's an everyday nuisance one could do without if one can help it. Three engineering students decided to do exactly that. They fiddled with the idea and developed a smart switch that can operate easily with a smartphone. The youthful aspiring entrepreneurs have launched crowdfunding project to raise funds to commercialize their product. They have just started their journey of a fledgling business called IO that promises to make our home smart the easy way.
How Does a Bladeless Fan Work?
With a sleek, safe design, bladeless fans have become a popular choice for consumers looking to beat the summer heat. But how does a blade-free fan blow air without blades? Air is forced up into the hollow circular frame and as it speeds up, the pressure drops, creating a powerful airflow. We take a closer look at scientific principles behind bladeless fan technology.