Healthcare, telecom companies to join data-portability initiative in South Korea

( November 18, 2024, 07:21 GMT | Official Statement) -- MLex Summary: Healthcare and telecom companies will participate in the South Korean government-led data-portability MyData initiative to offer customized services using personal data that can be shared across various platforms and industries. The Personal Information Protection Commission said that five companies or groups would offer pilot services under the MyData scheme, where individuals agree to share their data for further utilization. Kakao Healthcare will provide safe medication guidance using health data, while Lulu Medic will offer health data translation services for people visiting medica centers abroad. Telecom companies will recommend tailored phone packages based on user’s phone data. The statement, in Korean, is attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.

Know what others in the room don’t, with features including:

Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Healthcare, telecom companies to join data-portability initiative in South Korea

Prepare for tomorrow’s regulatory change, today

Documents

Related Sections