The Moranbong Technology Trading Company is ramping up its business activities through an online platform Jagangryok .

Efforts are being made in many countries to transform the trade structure in favour of technical trade that focuses on the transfer and licencing of intellectual property rights, supply of know-how and other technical services as required by the era of the knowledge-based economy. Accordingly, preferential measures are taken for the benefit of IP products and, in particular, an online solution gives impetus at home and abroad to R&D, exchange and dealing of technology and technical products.

“ Jagangryok , an online business system, has been in operation for years to promote nationwide technical trade services,” said Ri Yong Won, director of the company. “While operating the platform in line with the global trend, we have remedied its defects and improved it, and most recently we have updated the stationary version and launched a browser for the mobile version.”

According to him, the platform gives the data on locally developed new technology, products and IP products, foreign hi-tech products, latest technical products presented at international exhibitions and shows, and others.

The updated version consists of various functions such as sci-tech achievements, technical products, shows, exhibitions, tender, local exchange, foreign exchange, delivery service, introduction of businesses, assessment service, technical learning, machine translation, forum and software.

The company has a network of outlets across the country, which are engaged via the platform in show and sale of technical products, technical information service, technical counselling, tender and transaction.

Many universities, research institutes, industrial establishments and service facilities, as well as scientists and technicians, are sharing and transferring fine technology through the platform, which helps develop new products and injects life into business activities.

Users are hailing the platform not only as a sci-tech highway through which to gain rapid and correct access to sci-tech achievements but as a profitable technical trade space that makes it possible to save lots of time, labour and fund in the development of new technology and products.

They are especially satisfied that the platform provides detailed video accounts of international shows and exhibitions and helps them keep abreast of the foreign technological needs and technology possible to export and exchange fine domestic technical products with foreign partners.

The Moranbong Technology Trading Company with a powerful technical force in AI, information security and other high-tech fields is working on a new project to upgrade the platform to meet the requirements of the developing reality.

Jong Hwa Sun