Exchanges· ★★★· bullish·

Shinhan Card and Dunamu pilot offline blockchain payments on Giwa Chain

  • —Pilot runs at a store on the basement floor of Shinhan Card's Seoul headquarters
  • —Payments use tokens issued by Shinhan Card on Giwa Chain, with Dunamu supporting the network
  • —Onchain 'Dojang' certification verifies employee status and wallet permissions
  • —First time a Korean card issuer tests Giwa Wallet in a real payment setting
Why it matters: The trial will show whether public blockchains are ready for retail payments in Korea and what is needed for commercialization once rules are in place.
Source: Bloomingbit
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