South Korea’s Shinhan Bank trials new digital currency platform

One of South Korea’s leading commercial banks is to pilot a new platform for a digital won, after working on the project in collaboration with LG subsidiary LG CNS. Shinhan Bank is now hoping to collaborate with the country’s central bank with the blockchain-powered platform, in order to assist with the development and rollout of a central bank digital currency in South Korea. The platform allows for the central bank to issue digital currency, while holding up commercial banks...
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