In Korea where there is a culture of exchanging New Year′s cash gifts on the Lunar New Year′s Day, issuance and distribution of new banknotes rise around this time of the year. We will look into Korea Minting, Security Printing & ID Card Operating Corp.′s (KOMSCO) currency producing technology that boasts world′s top levels. KOMSCO has been steadily researching and developing minting technology, ranging from technology to make long-lasting paper to technology to prevent falsification and forgeries. Such minting technology has also been exported to dozens of other countries, creating economic effects. We will check out the superiority and economic impact of domestic minting technology.
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