Money is flocking to contactless technology? The collapsing sharing economy | Kim Gwang-seok, the...

Let's hear from Kim Gwang-seok, author of Future Designer 2021, about why we should invest in contactless technologies that are changing the world. 00:20 The most representative contactless technologies are those that facilitate seamless transactions, financial services, and other activities in a contactless environment. Biometrics is a prime example. 01:00 By registering your fingerprints and vein patterns with your resident registration card during boarding, you can use domestic airports without an ID card. 01:25 Biometrics is being developed to connect not only to boarding but also to various services within the airport. Biometrics is being applied across various industries, making contactless transactions easier and more convenient. 02:00 Baidu's facial recognition technology has been integrated into ATMs at Nonghyup Bank in China. This allows users to access banking services without needing an ID card, card, or passbook. This represents the evolution of unmanned banking. This is the most crucial technology for achieving contactless transactions. 02:50 Biometrics technology simplifies the payment process. 04:08 By combining two technologies—iris, facial, voice, fingerprint, and vein authentication—you can achieve 100% reliability. 04:34 The easiest method is to combine facial or iris authentication with voice authentication. 04:48 Airport authentication also eliminates errors because it simultaneously authenticates fingerprints and veins. 05:07 Okay, Google is leading the way by unbundling hundreds of financial services, focusing solely on remittances. 05:37 Voice authentication has been added, and it's being further refined, including integration with AI speakers. Commercialization is expected in 2021. 07:42 This provides loans secured by movable assets, such as furniture or factory equipment, that are crucial for small and medium-sized businesses. 07:50 A technology that utilizes the Internet of Things (IoT) to remotely monitor the maintenance of movable property. 08:40 With simple IoT technology, you can link your mobile phone to your keys to find them. 09:10 IoT technology leads to the accumulation of location-based big data. If human rights issues are addressed, it will be possible to collect the movement routes of sex offenders and monitor those under self-quarantine. 09:38 The convergence of the Internet of Things, artificial intelligence, big data, and biometrics will expand contactless services. 10:40 In May, legal regulations will be revised to allow autonomous vehicles to operate. 10:50 Autonomous vehicles are categorized into six levels, from Level 0 to Level 5. Fully autonomous vehicles will be introduced first this year in areas such as logistics and manufacturing facilities for transporting goods. 11:25 It will be first introduced in areas where AI can sufficiently learn, such as buses, by operating on simple, repetitive routes. 12:38 Previous unimaginable things, such as paying for water or air, will be accepted. 12:51 The introduction of autonomous vehicles also faces challenges, including technological, regulatory, conflicts with traditional industries, and consumer demand. 13:20 Generation MZ grew up witnessing autonomous vehicles in operation, so adoption will accelerate as they become mainstream. 14:50 With the emphasis on social distancing, people are reluctant to meet face-to-face and avoid sharing specific locations and items, leading to a decline in Airbnb's stock price. However, Amazon's stock price has risen. 15:23 The sharing economy industry is facing a negative impact. After the COVID-19 pandemic, awareness of face-to-face interaction, crowds, and sharing of goods will return to some degree, but not completely.