Kakao Introduces 'Kakao Work, KakaoTalk Wallet, and Certificate' to OECD

Photo by D4SME video conference scene

[Asia Economy Reporter Buaeri] Kakao attended the Organisation for Economic Co-operation and Development (OECD) 'Digitalization Initiative for SMEs (D4SME)' and introduced Kakao's services.

On the 5th, according to Kakao, Kakao participated in D4SME as the only official business partner from Asia and introduced Kakao Work, KakaoTalk Wallet, and Kakao Certificate.

D4SME is a global consultative body launched to discuss the roles of governments and companies in the digitalization of small and medium-sized enterprises. It is hosted by the OECD's Centre for Entrepreneurship, SMEs and Local Development.

At the D4SME meeting held online on the 3rd and 4th under the theme of 'Digitalization of SMEs and Response to COVID-19,' Kakao presented a case study on 'Digital Services for Remote Work and Quality of Life Improvement for SMEs.'

Kim Daewon, Director of Kakao's Policy Team, who spoke at the event, said, "For SMEs to adopt and maintain remote work, affordable and effective digital tools specialized for work are necessary. The integrated work platform Kakao Work not only offers high security but is also easy and fast for anyone to use, providing free work management functions such as attendance management, electronic approval, and artificial intelligence (AI) assistants, thereby increasing accessibility for SMEs."

He continued, "As non-face-to-face transactions of goods and services increase, the need to verify identity or qualifications remotely has grown. If SMEs utilize Kakao's identity and qualification authentication services, it is expected to improve the efficiency of non-face-to-face transactions."

Jungyookgak, an online fresh food distribution startup and a partner of Kakao, was also invited as an excellent SME case of digital transformation and introduced its business cooperation case with Kakao.

Meanwhile, Kakao has been participating in OECD's D4SME since the roundtable meeting held in Paris, France, in November 2019. It officially joined the steering committee in 2020, and Kakao is the only business partner from Asia participating in the steering committee. Kakao plans to participate in all activities and major decision-making processes of D4SME and share Kakao's digital win-win cases with the world.

This content was produced with the assistance of AI translation services.