Korea s spatial information industry surpassed 10 trillion won ($7.8 billion) in sales last year, in a feat underpinned by robust demand for the digitization of work processes at state-run organizations and their private peers, powered further by the COVID-19 pandemic, the land ministry said Monday. Also buttressing the average annual increase of a solid 7.8 percent over the past decade was the metaverse, an online platform where young individuals express their identities through the use of avatars.
The government will help Tanzania and Ethiopia with effective digital cadaster, as part of an official development assistance (ODA) program, the land ministry said Tuesday. A cadaster is a comprehensive recording of the real estate or property in a country, often represented graphically in a cadastral map.
The government has launched a forum for government, academia and private experts to advance discussions on and the development of digital twin technology, the land ministry said Friday.