A digital twin is a virtual clone of an object or an infrastructure. Digital twins are frequently used as testing grounds for new technologies or other elements to find out the results of real-life situations simulated in a virtual space. Business operators can test their products under various conditions without causing an irreversible effect in real life.
Government data showed that a total of 261 fire accidents took place at traditional markets between 2016 and 2020. Property damage was estimated at about 130.7 billion won ($104 million). In September 2020, a fire destroyed some 20 stores at a traditional market in eastern Seoul.
Busan said in a statement that a digital twin-based integrated control system will be adopted at the Jagalchi market as part of a state project to establish a safety management system. "We hope to prevent large-scale disasters generated by outdated facilities in the Jagalchi market with a large floating population and help revitalize the local economy by attracting more visitors," Busan official Lee Joon-seung said in a statement.
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