![](https://www.coindesk.com/resizer/H4go8I4zYIF-iohbTih89kMXSe0=/1200x628/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MSNMGGII7JH5VLUTH2ZWIJNXIY.jpg)
Located in the city of Daejeon in the center of South Korea, KAIST was the country’s first public science-focused research institution when it was founded in the 1970s. It is now considered the country’s top university in that field. The city of Daejeon is itself a center of technological research and enterprise, with more than 200 research institutes in its “Daedeok Science Town.”