'Sandbox' program to be launched in South Korea
- 5 years ago
A so-called 'regulatory sandbox' program,... which aims to encourage local firms to innovate more freely,... goes live today in South Korea.
The government says around 20 companies have already applied for a review of their products and services.
The program will speed up the process of winning regulatory approval.
It will pave the way for firms to launch new services and goods first,... and apply reasonable regulations later.
The government says around 20 companies have already applied for a review of their products and services.
The program will speed up the process of winning regulatory approval.
It will pave the way for firms to launch new services and goods first,... and apply reasonable regulations later.