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Internet Explorer becomes Korean election issue [theregister.co.uk]
Presidential candidate promises to kill crypto standard locking nation into IE
At the tail end of the 1990s, the Korean government decided in its wisdom to develop a home-grown 128-bit SSL encryption standard to increase security around e-commerce.
SEED, as it was known, was then mandated for all online transactions.
The only problem with this new system was that it requires users to install Microsoft ActiveX plug-in to work and therefore needs Internet Explorer.
The result: a decade-long monopoly for IE as banking, shopping and other transactional sites were optimised specifically and exclusively for the Microsoft browser.