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South Korea’s Bankware Global to Develop NFT Platform for Woori Bank

Sep 23, 2024
  1. Developing the NFT Platform
  2. NFT Wallet Integration
  3. Collaboration with Blocko

Bankware Global, a leading provider of core banking solutions, has secured a contract with Woori Bank to develop an NFT platform.

Developing the NFT Platform

The project will include the creation of an NFT platform built on a blockchain mainnet, along with the integration of NFT wallets into Woori Bank’s mobile app, Woori Won Banking. The initiative will also entail developing an admin portal and verification pages to ensure a seamless user experience and robust management capabilities.

NFT Wallet Integration

A key component of the initiative is the integration of NFT wallets into the Woori Won Banking app. This feature will allow users to manage their digital assets alongside traditional banking services. The app will also feature verification pages to authenticate NFTs and verify ownership.

Collaboration with Blocko

Blocko, a leading blockchain technology provider, will collaborate on the project, ensuring the technical robustness of the platform. Blocko brings its expertise in working with financial institutions and corporations in South Korea, highlighting the importance of blockchain collaboration in the financial sector.

The collaboration between Woori Bank, Bankware Global, and Blocko to develop an NFT platform demonstrates the growing integration of blockchain technology into the traditional banking sector. The integration of NFT wallets into the Woori Won Banking app opens new possibilities for the future of digital assets in banking.

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