Smart grids in South Korea help the country use more renewable energy sources and cut overall energy consumption." The "smart" in a grid is achieved through an installed software rather than hardware, banking more on the element of intelligence for more consistent upgrades, patterns learning, and timely response to new technologies. The South Korean smart grids include the following components: Internet in South Korea is more robust and developed than in almost any other country, with gigabit wired service being common even in fairly rural areas. Accordingly, Korean initiatives in smart grid and Internet of things largely take reliable backhaul connectivity for granted. The country's
The Third Billion The Third Billion The Third Billion is the term used to represent the approximately one billion women in both developing and industrialized nations, whose economic lives have previously been stunted, underleveraged, or suppressed, and who could, over the next decade, take their place in the global economy as consumers, producers, employees and entrepreneurs. Approximately 870 million women who have been living or contributing at a subsistence level will enter the economic mainstream for the first time as producers, consumers, employees, and entrepreneurs by 2020. In the following decade, this number could conceivably pass 1 billion. The economic impact of these