South Korea’s largest internet portal operator Naver invested in two startups — Techtaka Co. and Medibloc Co. — in the field of logistics and digital healthcare, respectively, through its startup accelerator D2 Startup Factory (D2SF).
D2SF selected the startups as they provide innovative technology in the logistics and healthcare sectors. Techtaka automates and optimizes the entire logistics process with a data analysis-based solution. Meanwhile, Medibloc aims to create a patient-centered medical platform based on blockchain technology.
“The logistics and medical fields are areas where it was difficult to make changes without understanding the field because the procedures were fragmented, and the work expertise was strong.”
-Yang Sang-hwan, Naver’s D2SF leader
Yang said that two newly invested teams are rare to have technology and business expertise specialized in each industry. He added that the startups are expected to grow and innovate the entire industry and create synergy with Naver.
Techtaka provides a 5PL integrated logistics solution, “ARGO,” which improves the overall efficiency of demand forecasting in e-commerce, order and inventory management, and delivery. For example, ARGO’s order management service (OMS) integrates and analyzes order data from various sales channels, predicts demand, and streamlines the process from orders to shipment requests.
Additionally, the Warehouse Management Service (WMS) tracks the product’s location in the warehouse in real-time from warehousing to shipment and presents optimal display location, work movement, and packaging method. These ARGO services are interconnected in real-time, allowing users to integrate the entire logistics in one place.
Techtaka aims to launch its ARGO solution by January of next year in its distribution center.
Digital Healthcare: Medibloc
Medibloc developed a blockchain-based medical platform to create a patient-centered digital healthcare solution. The company commercialized the platform, targeting patients and medical staff and increasing its value by linking the end-users. Medibloc’s solutions include three platforms:
- “Medipass,” a mobile app that allows patients to manage their medical information and claim insurance;
- “Dr. Palette,” an electronic hospital chart that provides the same user environment to medical staff without device and OS restrictions; and
- “Panacea,” a high-performance blockchain main net that could monitor the authenticity and change history of medical data.
Medibloc actively conducts joint research and development with 15 domestic and foreign medical institutions, including Seoul National University Hospital and Severance Hospital.
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