 This is a good way to introduce our next panelist, because you're going to talk to us about smart cities, and of course the augmentation of speed, the new sensors, that's going to change drastically the way the urban life changed. And you have a specific example in what is happening in South Korea you can talk to us about. Let me go to the podium and talk. Of course. Please. After much confusion of weather and timekeeping, I'm finally here to deliver my speech today. It takes a long time to come over here, about 12 hours to Paris, then another 3 hours to rubber. You know, my newspaper has done a lot of research and provided some suggestions to important global issues. For instance, in year 2013, with special interest in cities, I have a declaration of a modern city for Seoul and Busan. Those are two major cities in Korea. And today I will present case studies of Korean smart cities. I'd like to point out that smart cities are emerging as global connectors that can solve problems that nations cannot. If you look at this graph, the cities have grown expensively with high concentration of resources and smart people. Consequently, cities have grown faster than nations. If you look at the case of United Kingdom, London grew much faster than UK as a whole. And Washington D.C. did that too. In contrast, nations are becoming more divided as seen in the events like Brexit and protectionism in the United States. And many smart cities are popping up all over the world, sorry, okay. About 152 cities are, you know, spring up here and there. And global companies like Amazon, Google, and Alibaba, they have their own ideas to make smart cities here and there. And Saudi Arabia, which gets a lot of attention these days, government has recently announced its $500 billion smart city project. It's called NIO. So many of these governments and global companies are initiating smart city projects. So what's the definition of a smart city? A smart city is referred to as a city whose infrastructures are connected in a network through information and communication technologies, which is geared towards improving the quality of services in energy, transportation, medicine, and education. What are the technologies for smart city? We have just talked 5G, 5G is in practice very soon, and big data, and blockchain technology that will have lots of impact on our lives, and AI and robotics. Also we have a city as a platform. You have heard a lot about building proper infrastructures are crucial for establishing a smart city. Such infrastructures, for example, Hyperloop, and 24-hour remote control medical service, and even Flying Car Roadmap, these infrastructure constructions need to be done in the direction that will both sustain and improve the qualities of human lives and business environments. Nineteenth century, introducing car was a big thing. It was a platform number one. And twentieth century, we had a smartphone that's a platform number two. And now I think smart city is platform number three. And cities are emerged as third platform. Smart city, okay. I tried to call Edea city coming from Plato. Edea city means you have a digital twin, so everybody can join the digital twin and suggest your own ideas. And then finally decision maker, mayor or vice mayor, they have an idea city, Edea city. Plato never thought it was possible to realize the notion of Edea, however in the Edea city it becomes possible to realize such a future city in the three-dimensional cyberspace. Many of urban problems will be simulated in virtual city to find the most suitable solution. In order to achieve smart city, you need a digital platform. And many countries, Estonia, Finland, and Andorra, small country, they are going under many of their digital platform. Okay. Estonia successfully turned its administration into digital platform and issues e-regidency to any interest people around the world. I'm an e-regident in Estonia. I can open up bank account and I can even set up a company there to business around the world. Andorra and Finnish city of Kallasatama, both are transforming the entire state and city into digital platform. I have an interesting picture here. Economy grows together with urbanization. Look at the Korea. Korea grows well with urbanization rate. Also Thailand did this, did this so. If you look at Italy, it looks somewhat stagnant. And now they are throwing away money to relatively poor people and it will bring them more stagnancy. And China. China has economic development strategy, which is urbanization of the backward countries here and there. And they had the high speed railroads, highways, and the far away company, they are doing quite well with the 5G. And also, low cost carriers, low cost airlines are changing Asian space quite a lot. Okay. Case of Korea, we are commercializing 5G in this year, so that will change many Korean lives. Another reality and many things will be changed. Now I turn to some smart city project happening in Korea. We have a new capital city for administration is aiming to make a map of human emotions through neuroscience and big data analysis. Now the neuroscience is a big thing everywhere. For example, if a person who feels depressed gets in a self-driving car, the person will be automatically driven to a right place for relaxation. Relaxation may be a spa, or drinking joints, or movie theater. But if you end up watching a sad movie, you will be more depressed. So I don't know how we're going to have these emotional problems together with artificial intelligence car sharing system. And 5G data analysis space. In other words, city Sejong is building an emotional data platform. City platforms are being built in South Korea. And go back to Busan, it's named Echo Delta City, eco-friendly smart city of water. This is quite interesting idea. The temperatures of water at the riverbeds are lower than the outside temperature in the summer and higher during the winter. Therefore, if the water from the riverbeds can be utilized by the buildings, energy can be saved. Okay, Busan city is now collecting various data of water quality and quantity and temperatures for water management so that it can construct eco-friendly resources management data platform. Sounds interesting. I don't know what it can be realized. Not only governments carry out smart city projects, I know there's a private company initiated city project. They call it green energy data platform. They have solar energy panels and smart grid system. And they want to invite many startup companies from overseas. Okay, there are many benefits of smart cities, but I talk about three benefits. Quality of life, economic dynamics and sustainability. We like to enhance these factors through smart city projects. Smart city is a key to maybe global governance. Let's look at the Switzerland Juke, it's a very small city, small town, where cryptocurrency initial coin offering was first implemented. New jobs searched. While the whole city population remains at 30,000 people, 40,000 jobs were created due to a formation of a virtual city with a digital platform that deals with world crypto transactions. Also Estonia, a country with a population of only 1.3 million people predicted that its e-residents will reach 10 million by year 2025. These examples show how digital platform can solve the small population and low employment problems. Yesterday, we talked a lot about the problems of North Korea as nuclear ambition. But North Korea is very interesting country when you talk about smart city. It can become a smart city test bed because it's very poor and there's nothing much. And so if North Korea, Kim Jong-un, really abandons its nuclear ambitions and the United States lift up economic sanctions, there will be a lot of things happen. We had a Japanese professor, he talked about the World Reparation Fund. They have a Japanese government, that's almost like 80 billion US dollars if I remember the numbers correct. Okay, since North Korea does not have any regulations on expansion of the fourth industrial revolution technologies, it is the most suitable site for applying my idea city. Moreover, Korea has the experience in proper technology of exporting a new city construction model. We've done a lot of construction activities in Dubai, Abu Dhabi and Saudi Arabia. South Korea has lots of experience building new towns here and there, even in Iraq and Iran. India city will not only solve the underdeveloped problem of North Korea but also be able to contribute to peace and prosperity of the world. Finally, we have four global leaders here. Okay, President Trump, he's a real estate developer and I'm sure he likes to convert Manhattan into a smart city. He hasn't done said anything but sooner or later in his Twitter, it might come out. And Xi Jinping of China, I already said he wants to urbanize backward region of China. He's already building smart city between Beijing and Tianjin, it's a huge project for him. And Mr. Kim of North Korea, he wants showcase to show his people that he's 38 years old or something but he wants to tell the people he's doing very well and he's the great leader after his father and his grandfather. And South Korean President Moon, he's designated two cities already, one for administration, the other one for eco-friendly Delta city in Busan. And another project he has now after meeting Kim Jong-un is a peace town, building a peace town in military demarcation region between North and South. So leadership is very important carrying out smart city projects. All the global smart city examples I've talked about earlier were possible because of the political leadership that drove the projects forward. I think we are living in a connected world, smart cities will connect the world faster and smart cities will make the world decentralized. So I know that President Trump, he has big idea that America first, now it's turning to America only, but I don't think his ideas will be that successful, he'll face blockchain, AI and all the new technologies that will challenge him. So good luck with him. Thank you. Thank you very much. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you.