ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Busan City and eTunnel Inc., come together to make Busan the world’s most secure smart city with ‘VEIN-X’

'VEIN-X' is a security solution using finger vein authentication technology that goes beyond fingerprint and IRIS-based authentication.

The 'Blockchain Week in Busan (BWB) 2022' event was held from the 27th to the 29th of October, 2022.  The opening ceremony was attended by some of the world’s most prestigious blockchain officials. Names like Busan Mayor Hyung-joon Park and Ahmed bin Suleam, chairman of the Dubai Multi Commodities Center (known as a crypto Mecca), graced the ceremony with their presence.

On the 28th, an agreement signing ceremony was held between Hyung-joon Park, mayor of Busan city and Wooyeol Cho, CEO of eTunnel Inc. At the signing ceremony, they promised to cooperate with each other in making Busan the world’s most secure city.

Mayor Hyung-joon Park said, "Busan aims to become a Blockchain hub with a higher level of security. eTunnel Inc., which has fingervein authentication technology, is expected to solve many of the challenges Busan city is faced with in developing a smart city.”

eTunnel CEO Woo-yeol Cho said in his speech, “Security is one of the biggest issues in the era of the 4th industrial revolution and Web 3.0. Fingervein authentication will be replacing the other forms of biometric technologies such as fingerprints or iris scan since it offers a higher level of security. Fingerprints are commonly used but no more secure since they are easily forged or duplicated. Iris scan can also be tricked by hackers. It can be fooled by high quality photo. Unlike fingerprint, veins do not leave any trace during the authentication process, so cannot be duplicated.  Veins are located inside the body. It’s extremely difficult to read or steal. There’s no risk of forgery or theft. Also, vein patterns are unique to every person and remain constant in life.” “There are so many hacking tools out there trying to steal personal information such as login IDs and passwords. But if fingervein authentication login is used, most cyberattacks can be prevented.” he added.

About eTunnel Inc.

eTunnel Inc., is a leading company providing reliable, cost-effective products and services in regard to finger vein authentication technology.  

For more detailed information, visit veinx.net

Media Contact
Company Name: ETunnel Inc.
Contact Person: WonHo Jang
Email: Send Email
City: Seoul
Country: South Korea
Website: veinx.net


Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.