[Korea Contactless Technology] Development of an integrated foreign currency management system combined with an autonomous AI voice recognition robot

LOS ANGELES, CA, December 10, 2021 / 24-7PressRelease / – Contactless and social distancing are terms that have become very familiar in the wake of COVID-19. The latest technologies in areas close to our lives are also emerging in line with this trend. Artificial intelligence, big data, VR (virtual reality) and AR (augmented reality) provide us with new realistic content and allow us to lead a more advanced daily life through the development of personalized programs or platform services. The Korean government is focused on expanding contactless services for our daily lives. Through this, it plans to prevent the spread of infectious diseases such as COVID-19 and secure a leading position in the global contactless services market, in line with the era of digital transformation.

In the era of With Corona and Post-Corona, contactless technologies and services are expected to develop rapidly. As a result, the National Computer Industry Promotion Agency (NIPA) and the Ministry of Science and ICT (MSIT) discover and support key contactless services in areas of life in the face that people may feel for protect their daily lives and boost economic vitality from infectious diseases such as COVID-19. Among them, the “Integrated Foreign Currency Management System Combined with Autonomous AI Speech Recognition Robots” developed by OODDY Co., Ltd. overseas travelers.

The Foreign Currency Management System, which for the first time in the world combines fintech services, autonomous robots and multilingual speech recognition services, is a remote exchange solution using various payment methods such as cash, debit cards. , and mobile payment. In addition, it is rated as a suitable service for disseminating contactless financial trends by providing various additional services such as automatic issuance of prepaid cards for overseas travelers, purchase of travel insurance and investment products.

An integrated foreign currency management system combined with autonomous driving based AI voice recognition robot is provided as an interactive voice-based service for convenient use by older and foreign users who are not accustomed to using computer devices. In addition, a QR code-based foreign currency processing system that can process 24 kinds of coins from nine countries in 30 seconds (two related patents, one application, one PCT and one foreign patent) is set up to ensure the speed and safety of processing. In addition, the installation and operation of robots focused on the entrances and departures of the airport minimized the costs of existing services (store operating costs, labor costs, installation costs etc.) and unmanned services are provided around the clock, regardless of location.

The development of FinTech industry is expected to continue for the time being due to the development of ICT, the rapid spread of mobile devices, changes in the lifestyles of financial consumers and the full support and deregulation of every country. The global amount of fintech transactions, which combine digital payment, personal finance and alternative finance, is expected to grow from $ 3.6356 billion in 2017 to $ 9.824 billion in 2023. In addition, the size of the domestic market for Actual exchange rate via foreign tourists amounts to about $ 3 billion (30 trillion won) per year and has increased by about 8% per year due to the increase in the number of tourists. In particular, the proportion of contactless currency exchange has increased due to the increased use of mobile telephony, and the proportion of mobile financial services such as contactless currency exchange is expected to increase further in the post era. -COVID-19.

OODDY’s autonomous financial services robot is significant not only in terms of improving the convenience of contactless financial services for domestic and foreign travelers, but also in “creating new markets through a cross-industry mix”, “the development of consumer-oriented services ”and“ world market leading services ”. The new convergence service through cross-industry combination can further diversify the service robot market focused on medical, logistics and cleaning sectors and promote the combination between various industries through the combination of Fintech and robots. In addition, consumer-led convergence service development overcomes the limitations of vendor-centric robot development and achieves customer-specific robot service delivery. Finally, OODDY has provided the opportunity to dominate the global market with a foreign currency management financial services platform that can easily use various foreign currencies 24/7.

“We plan to complete the development of ‘Buddy’, an autonomous AI speech recognition financial robot combined with an integrated foreign currency management system, and to conduct a demonstration project at SRT Suseo station from the end of December.” Yoo-hyuk Lee said. , Director of OODDY Co., Ltd., “We plan to conduct commercial marketing in airports, hotels and train stations next year after completing the demonstration project. “

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