Today we will introduce the Grand Prize winner of 2019 Spring E*5 KAIST, ReDWit!

ReDWit provides a one-stop research note solution that uses artificial intelligence to introduce labelling and search functions and uses block chains to ensure security. ReDWit recently participated in CES 2020 to promote its service to the world. Let’s meet the CEO of ReDWit, Jiwon Kim!

Hello, I am the CEO of ReDWit, Jiwon Kim. ReDWit stands for Research and Development Witness, and we are a team of KAIST students developing a research note system to authenticate research records and facilitate the research process.

Source – News

As I started studying private blockchains in graduate school, I thought about where it would be best to use it. At that time, there were items like portfolio management and school president voting, but the most effective item when blockchains were incorporated was research notes. In the field of research, the transparency of the process and timestamping is extremely important, and I thought I could achieve this using private blockchain technology.

ReDWit developed their ideas into a digital research note system called ‘GOONO’.

The best thing about ‘GOONO’ is the convenience of authorizing when notes were written and the high level of security. You can also take pictures of handwritten notes which will be automatically converted into a digital research note format. GOONO can be used on mobile and web simultaneously, and real-time data search and statistical features increase convenience for users. You can also check the originality of the research through a blockchain network and use it as evidence during audit findings and patent disputes, providing a high level of security and reliability.

ReDWit expanded ‘GOONO’ from the domestic market to participate in the KAIST exhibition booth at CES 2020 last month

I went to see CE 2019, and I was really envious of the companies that participated in booths. I wanted to be on the global stage in the future, but the moment came faster than I thought thanks to KAIST. We thought we wouldn’t get much attention because we were a small company, but a lot of people visited our booth and contacted us about our product release, collaboration, and investing.

Before CES 2020, we were just quietly building our product, but through CES 2020 we earned a lot of opportunities.

It was difficult to create a team culture as our team expanded one by one. I graduated the Graduate School of Culture Technology, but I didn’t know how to create culture. At first our team was a group of friends, but as we recruited members outside we didn’t even know what to call each other. We went through a lot of trial and error and are still in the process of creating our own culture.

The most effective thing to creating our culture was to define how we work. We defined our work process, how we communicate, and that we get together once a month to evaluate the project process. Organizing how we worked really helped new members get used to our team.

This is a good tip to create a team culture for people preparing for startups!

After successfully releasing GOONO, we will create a platform where researchers can share their research notes. While planning our service, I met a lot researchers and they were curious about other labs, know-how of senior researchers, and experiment designs. These are hard to disclose because of copyright issues, so we are using private blockchains to show who the original authors are and record reading history. We want to expand into a platform where researchers can easily share their ideas.

I can’t wait for ReDWit’s next service. It would be really useful for researchers!

First, I want students to meet and interact with entrepreneurs around them. When I think about when I started my business, I was mostly influenced by my senior entrepreneurs and colleagues I met during graduate school. I could discuss my worries and also learn know-hows such as how to establish a corporation and how to do government tasks, which propelled me to actually start the business. Meeting with many entrepreneurs also made me think that starting a business is neither difficult nor dangerous. It’s just another way of living, and it gave me the confidence to start my own business.

In addition, there are a lot of opportunities to understand or try out startups at KAIST. There are classes on startups and also a lot of support programs, so I highly recommend trying out while you’re in school. After competing in E*5, I was able to validate my item which led to investments and helped me to come to where I stand now. We were also funded by the KAIST Open Venture Lab program where we made beta products and received mentoring from professors. I think the start of ReDWit can be attributed to the programs at KAIST. GOONO was merely an idea at first, but programs at KAIST helped me realize and develop my product.

There are a lot of opportunities near you, so use them well to start your own business!

Our vision is ‘Prove Your Work’, proving not only on the results but also the process. Beyond proving the research process we are ultimately aiming to prove all the processes in the world by expanding to prove business secrets of private companies and meeting records.

So far we have met with Jiwon Kim, CEO of ReDWit. We support and look forward to the future of ReDWit to develop a digital research note system that proves the research and patent processes.