by Yes, Live Co., Ltd. (Chairman Tae-Gun Yoo) is an entertainment company that has produced broadcast programs and concerts for over 30 years. He announced that he had started a new business to enter the market. In addition, from 2022, a patent management strategy for self-developed technology has been planned. It is in progress to target the K-pop market in Asia, such as China, Japan, Indonesia, Malaysia, Vietnam, Singapore, Taiwan, and Thailand.
Yes, Live has analyzed the problems that occur when using cryptocurrency as a payment method for several years and has developed a one-stop solution to these problems. It has already applied for three domestic patents to secure international patents targeting the global market.
The patent application technology is an online system patent that allows buyers to easily purchase cryptocurrency through the Internet using a mobile device or computer, reserve domestic and foreign concert tickets, and centrally execute funds by the host company. And it is a server device patent that prevents illegal copying of keys and manages transfers and gifts.
Lastly, a service that enables purchases with cryptocurrency without exposing the information (e-wallet address, personal information, etc.) of buyers and sellers in online shopping malls that sell products including concert tickets, video sound media, and various souvenirs. It is also a device technology that provides.
Yes, Live is distributing ‘Pocket Coin’ as a self-developed cryptocurrency through exchanges and is distributing a platform that uses the developed technology. Yes, Live is preparing to apply for three domestic patents and an international patent management strategy to secure ‘Pocket Coin,’ a native cryptocurrency, as a global payment method by securing overseas patents as soon as subsequent technologies are developed. is in progress
The evolution of a native cryptocurrency combining Pocket Coin and YES Live General Director Shim Yong-tae, who has been in charge of producing K-POP concerts for over 30 years, is a case of entering the overseas market with our developed technology base and patent strategy, attracting attention.
An official from Yes Live said, “We are globalizing our popular culture by linking ticketing and online shopping mall technologies that are intertwined with performance culture to overseas markets and providing a window for international financial transactions using cryptocurrency as a hub for K-pop and cryptocurrency. Our mid-to-long-term goal is to grow,” he said.
