{"id":247624,"date":"2023-01-18T11:52:15","date_gmt":"2023-01-18T09:52:15","guid":{"rendered":"https:\/\/mypr.co.za\/?p=127228"},"modified":"2023-01-18T11:52:15","modified_gmt":"2023-01-18T09:52:15","slug":"lifes-good-award-winners-present-warm-hearted-tech-solutions-for-a-better-future","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/lifes-good-award-winners-present-warm-hearted-tech-solutions-for-a-better-future\/","title":{"rendered":"Life\u2019s Good Award Winners Present Warm-Hearted Tech Solutions For A Better Future"},"content":{"rendered":"<aside class=\"scaip scaip-1 \">\n<aside id=\"republication_tracker_tool-2\" class=\"republication_tracker_tool clearfix\">\n<h5 class=\"adtitle\">Republish for Free<\/h5>\n<div class=\"license\">\n<p><button name=\"Republish This Story\" id=\"cc-btn\" class=\"republication-tracker-tool-button\">Republish This Story<\/button><\/p>\n<p><a class=\"license\" rel=\"noreferrer license noopener\" target=\"_blank\" href=\"http:\/\/creativecommons.org\/licenses\/by-nd\/4.0\/\"><img decoding=\"async\" alt=\"Creative Commons License\" class=\"lazyload\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2023\/01\/lifes-good-award-winners-present-warm-hearted-tech-solutions-for-a-better-future.png\"><\/a><\/p>\n<p><img decoding=\"async\" alt=\"Creative Commons License\" src=\"http:\/\/www.myza.co.za\/press\/wp-content\/uploads\/2023\/01\/lifes-good-award-winners-present-warm-hearted-tech-solutions-for-a-better-future.png\"><\/div>\n<div class=\"message\">\n<p>Republish our articles for free, online or in print, under a Creative Commons license.<\/p>\n<\/div>\n<\/aside>\n<\/aside>\n<p>LG Electronics (LG) has announced the final winner of its LIFE\u2019S GOOD AWARD, supporting global innovators taking on challenges to help create a Better Life for All. The Grand Prix was awarded to Dot Inc. from South Korea.<\/p>\n<p>The jury ranked the final four teams after each of the teams pitched their innovative solutions in the award\u2019s final round, held during the LIFE\u2019S GOOD AWARD Conference at LG Sciencepark in Seoul, Korea, on January 16. LG\u2019s own executives leading the company\u2019s ESG management, CSO Lee Sam-soo and CTO Dr. Kim Byoung-hoon, were present as well.<\/p>\n<p>The award embodies LG\u2019s ESG vision of a Better Life for All, aiming to foster a brighter future for the planet and people. The company aimed to solicit ideas for environmental sustainability and accessibility, two key focuses of its long-term ESG initiative, the Better Life Plan 2030. The ingenious solutions presented by the four winners illustrate the power and potential of tech-for-good to spread positive impact on the world.<\/p>\n<p>The winning teams are: Dot Inc. of South Korea (Grand Prix\/close to R12mil\/USD 700,000 in prize money); SOLUTUM of Israel (Gold\/close to R3.4mil\/USD 200,000); Day1Lab of South Korea (Silver\/RF1.7mil\/USD 100,000); and NONA Technologies of the United States (Bronze\/R860k\/ USD 50,000).<\/p>\n<p>LIFE\u2019S GOOD AWARD-WINNING SOLUTIONS<br \/>\u2022 Dot Inc.: Developed an assistive information display device for the visually impaired composed of 2,400 braille pins \u2013 or \u2018dots\u2019 \u2013 which move up and down. The novel device converts images, maps and other diverse digital information from connected devices such as computers and mobile phones into a display for visually impaired users to comprehend.<br \/>\u2022 SOLUTUM: Developed a novel plastic material that dissolves in water at ambient temperature and then biodegrades leaving no microplastic or toxin residue.<br \/>\u2022 Day1Lab: Created an organic polymer plastic which completely biodegrades in freshwater after about two weeks, and in the earth after about two months.<br \/>\u2022 NONA Technologies: Developed a desalination solution leveraging Ion Concentration Polarization (ICP) to remove viruses, bacteria, salt and debris from water.<\/p>\n<p>Along with the final four teams, the LIFE\u2019S GOOD AWARD Conference was graced by the esteemed members of the award\u2019s jury, the LG\u2019s Life\u2019s Good Committee, consisting of the company\u2019s executives and respected scholars in the area of responsible business management; Alex Edmans, a professor at London Business School, Christopher Marquis, a professor at Cambridge Judge Business School and Hyun S. Shin, a professor at Hanyang Business School and a director of the Collective Impact Center at Hanyang University.<\/p>\n<p>The conference saw various attendees \u2013 including members of the public, local university students as well as LG employees and partners \u2013 and was livestreamed so that audiences from all around the globe could tune into the proceedings. During the morning, all four teams gave a final presentation and participated in a Q&amp;A session, while the jury provided feedback based on the impact, innovation and sustainability of each solution. The afternoon featured an awards ceremony honoring the four teams and announcing their final placings, as well as special lectures delivered by Professor Edmans, Professor Marquis and Professor Shin.<\/p>\n<p>\u201cWe will continue to pursue solutions assisting the visually impaired, and thanks to LG\u2019s support, we will be able to achieve this at a greater scale and in less time than we otherwise would have,\u201d said Ahrum Choi of Dot Inc., Grand Prix winner of the LIFE\u2019S GOOD AWARD. \u201cWe are so grateful for this experience and are looking forward to collaborating with LG in the future, a company that really shares our desire to make the world a better place.\u201d<\/p>\n<p>\u201cWe will continue to collaborate with like-minded innovators as we forge ahead on a shared journey to create a sustainable future for all, embracing the company\u2019s Life\u2019s Good vision.\u201d said Lee Sam-soo, Chief Strategy Officer at LG Electronics.<\/p>\n<p>Meanwhile, LG will carry out ESG efforts spearheaded by the Better Life Plan 2030 and continue to share the initiative with internal employees and external stakeholders, in order to bolster the company\u2019s sustainable business practices.<\/p>\n<p>For all the latest on LG\u2019s ongoing efforts to realise a Better Life for All, stay tuned to LG Newsroom.<\/p>\n<p><a href=\"http:\/\/mypr.co.za\/contact\/featured\/\">CLICK HERE to submit your press release to MyPR.co.za for free<\/a>.<\/p>\n<p> <span class=\"post-views-icon dashicons dashicons-chart-bar\"><\/span> <span class=\"post-views-label\">Press Release Views since 1 July 2022:<\/span> <span class=\"post-views-count\">33<\/span> <\/p>\n<div class=\"entry-pagination pagination\">Pages: <span class=\"post-page-numbers current\"><span class=\"screen-reader-text\">Page <\/span>1<\/span> <a href=\"https:\/\/mypr.co.za\/lifes-good-award-winners-present-warm-hearted-tech-solutions-for-a-better-future\/2\/\" class=\"post-page-numbers\"><span class=\"screen-reader-text\">Page <\/span>2<\/a><\/div>\n<p><a href=\"https:\/\/mypr.co.za\">Source: MyPR.co.za<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Republish for Free Republish This Story Republish our articles for free, online or in print, under a Creative Commons license. LG Electronics (LG) has announced the final winner of its LIFE\u2019S GOOD AWARD, supporting global innovators taking on challenges to help create a Better Life for All. The Grand Prix was awarded to Dot Inc. 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