Daehong Communications, a subsidiary of Lotte Group, has partnered with Aptos to create the 'Money Movement' ecosystem. This collaboration aims to utilize blockchain technologies for financial transactions and asset management.
Daehong and Aptos Partnership
Daehong Communications, affiliated with Lotte Group, has announced a partnership with Aptos to build a blockchain-based ecosystem. This initiative aims to enhance the integration of blockchain technologies into the real economy. CEO Deokhee Kim stated that using Aptos Layer 1 technology will facilitate the development of the system.
Giftiel's Success on Blockchain
The Giftiel service has reached over 500,000 users and issued more than 1 million vouchers, with transactions tracked on the Aptos blockchain. This indicates strong user interest and growth in engagement metrics.
Benefits of Blockchain Integration
Daehong Communications previously had successful experiences with NFT-related projects, suggesting a positive impact for the current initiative on financial and technological sectors. Experts highlight the growth potential of a blockchain-based ecosystem.
The partnership between Daehong Communications and Aptos opens new horizons for blockchain use in financial services, which may lead to significant changes in user engagement and transaction approaches in Asia.
