A remembrance ribbon which commemorates the deadly ferry sinking that took more than 300 lives two years ago was designated as a computing text standard, the Unicode Consortium said Wednesday.

The unicode refers to the industry computing text standard, which includes the English and Korean alphabets, that is displayed on computers around the globe.

The yellow ribbon, previously called the "reminder ribbon" under the code "1F397," changed its title to "Remember 0416" after an anonymous sponsor made a donation to the Unicode Consortium.

Once the title is adopted, it will remain permanently, the consortium said.

The Sewol ferry, which sunk on April 16, 2014, was en route to the southern resort island of Jeju from Incheon, west of Seoul, with a total of 476 passengers. Most of the 304 victims were high school students on a field trip. The bodies of nine victims still remain missing.

The yellow ribbon has been acting as the symbol of condolence for the disaster in South Korea ever since. (Yonhap)