The Institute for Basic Science (IBS) said in a statement on February 23 that it has signed a memorandum of understanding with the Korea Customs Service to jointly set up and test a customs data analytics center.
"This cooperation agreement has a great meaning as it is important for an AI to experience data from various sectors in order to upgrade its capabilities," IBS head Noh Do-young said.
The center will be test-operated for three years to develop anti-smuggling techniques. Analyzed data will be used to work out administrative policies and evaluate efficacy. South Korea has adopted a variety of information technologies to increase work efficiency, save operating costs, and prevent illegal activities.
In 2019, Busan, which has the world's fifth-largest port, was selected to adopt blockchain, an unhackable virtual ledger system, for its terminal-to-terminal cargo transit system in real-time. CJ Logistics, South Korea's largest logistics service operator, developed an AI-based cargo tracking system in January 2021. The system allows logistics companies to accurately track cargo ships and plan their delivery schedules in different countries to save time and costs.
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