Law firm Veat receives "2023 Republic of Korea Digital Innovation Award" Commendation from the Minister of Science and ICT.
Article posted in 2023-11-23 11:40:41 | VEAT
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In 2023, the Ministry of Science and ICT awarded the ‘2023 Digital Innovation Award’ at an event hosted by Pangyo Techno Valley Startup Campus, and Law Firm Veat received the Minister of Science and ICT Commendation Award for its contributions in the field of digital innovation.
This award was held to discover and disseminate excellent cases contributed to overall industrial competitiveness through digital integration. Law Firm Veat was evaluated as making significant contributions to digital economy and social development through successful operation of the ICT Regulatory Sandbox and regulatory innovation.
Partner Attorney Songdo Young explained, “From 2019, when the Korean Regulatory Sandbox began, we have advised and reviewed over 500 regulatory sandbox application tasks from startups to large companies, working with the Korea Startup Forum and local governments and public institutions to address regulatory improvement needs in local areas. We have received gratitude for our contributions to the development of new industries through the successful operation of the ICT Regulatory Sandbox and regulatory innovation.
Law Firm Veat provides professional advisory services in all areas utilizing digital technologies and data, including Artificial Intelligence (AI), Metaverse, Cloud Computing, Big Data, Blockchain, Fintech, E-commerce, and Mobility. Led by Partner Attorney Songdo Young, and with Partner Attorneys Bae Eunbyeol and Baek Seungcheol, the Regulatory Sandbox and Legislation Consulting Team is actively playing a leading role in regulatory innovation sandbox, smart city and mobility regulatory sandbox, and regional special economic zones in various fields. We receive professional recognition from central government agencies, local governments, and companies, providing a wide range of advice.
Furthermore, Law Firm Veat has attorneys and senior advisors with high expertise in diverse areas, including IT, regulations, personal information, IP (intellectual property), and M&A (Mergers and Acquisitions). Based on digital technologies and data, we offer legal support and innovative approaches for a wide range of services and disputes. We have recruited Professor Kai-suh Yang of KAIST as a technical advisor, specializing in LLM (Large Language Models) and AI, and Professor Oh Seungjong, a leading expert in copyright and IP.
Looking ahead, Law Firm Veat will continue to contribute to digital innovation based on our expertise and experience.
Thank you.