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Davinci (DAC)

Davinci (DAC)

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Presentation
About Davinci

The Davinci Project was initiated to promote exchanges between Korean and Chinese people through the blockchain technology of Korea, an IT powerhouse.

After 1996, Korean wave became one of the biggest contents in China and achieved great success in overseas markets.
However, installation of Terminal High Altitude Area Defense (THAAD) caused the decrease in exchange between Korea and China and negatively affected Korean Wave as well.

According to trade statistic in 2017, the proportion of the trade with China accounted over 20 percent (24.8% for export, 20.5% for import) of total Korea trade, which ranked as the first in both exports and imports.
China imported 9.9 percent of its total trade from Republic of Korea, which ranked as the first surpassing Japan.
Korea is also placed as a 4th in China's export by covering 4.3 percent of total
Compared to the trade growth prior to 2017, the large scale of the China-Korea trade has noticeably diminished.
Unexpected diplomatic issues have negatively affected the inter-country exchanges between Korea and China, and public demands for the resolution at the civilian level have been raised accordingly.
Therefore, beyond diplomatic barriers, companies of China and Korea have decided to join forces to find solutions in cultural sector.
The Davinci Project was initiated to promote non-governmental exchanges between Korea and China through the blockchain technology of Korea, an IT powerhouse.

Purpose and Vision of the Project

Davinci Foundation

The cultural and economic exchange between the two countries has led to a serious recession due to the Chinese government's law that bans Korean culture in China due to Korea's deployment of THADD in 2016.
As the recent US-China trade war, the political situation among nations has a serious impact on economic and cultural exchanges.

Davinci Project

The Davinci Foundation was established with the goal of promoting cultural exchanges and industrial ecosystems through civilian exchanges.
In particular, Davinci Project was initiated with the goal of the establishment of East Asian economic ecosystem through blockchain technology that has allowed to create a borderless economic community beyond Korea and China.

Service Competitiveness of Davinci

The Davinci Foundation is comprised of cultural and economic experts of Korea and China and maintains rich human infrastructure and AI technology
Specs
Market capitalsation > 20 M$
Languageenglish
Market Price
Monitored since1350 days
Accepted countries All
They use Davinci (DAC)
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