Glosfer announced that it exchanged a MOU (Memorandum of Understanding) with Shinhan Card for business partnership on financial services based on blockchain.
Through this agreement, Glosfer and Shinhan Card are going to share their knowledge and knowhow in blockchain technology and payments and settlements respectively. They are also planning to look into companies that are trying to introduce financial services based on blockchain and co-research differentiated services for groups.

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<Glosfer exchanged a MOU (Memorandum of Understanding) with Shinhan Card for business partnership on financial services based on blockchain. CEO Kim Tae-won of Glosfer (left) and Department Head Kim Jung-soo of Shinhan Card’s Digital Business Headquarters took a commemorative picture.>

“We have to prove that blockchain technology can be used universally as foundation for services.” said CEO Kim Tae-won of Glosfer. “By working with Shinhan Card, we will be able to cultivate innovations in many areas.”
Staff Reporter Ham, Jihyun | goham@etnews.com