{"id":1066,"date":"2016-07-28T18:03:00","date_gmt":"2016-07-28T18:03:00","guid":{"rendered":"https:\/\/blog.holytransaction.com\/2016\/07\/south-korean-bank-to-work-on-the-blockchain.html"},"modified":"2023-01-08T05:51:39","modified_gmt":"2023-01-08T03:51:39","slug":"south-korean-bank-to-work-on-the-blockchain","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2016\/07\/south-korean-bank-to-work-on-the-blockchain.html","title":{"rendered":"South Korean Bank to work on the Blockchain"},"content":{"rendered":"<div style=\"clear: both; text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-4391\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2016\/07\/korean-festival-1526568.jpeg\" alt=\" south_korean_bank_to_work_on_the_blockchain\" width=\"400\" height=\"300\" \/><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">One of the most important banks in <b>South Korea<\/b> revealed today an agreement with the most funded Asiatic startup of the bitcoin sector.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><b>KB Kookmin, <\/b>in fact<b>, a<\/b>nnounced today that <b>will sign a memorandum of understanding<\/b> with the Bitcoin startups\u00a0<a href=\"http:\/\/circle.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><b>Circle<\/b><\/a> and\u00a0<a href=\"http:\/\/coinplug.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><b>Coinplug<\/b><\/a>.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Based in <a href=\"https:\/\/holytransaction.com\/blog\/2016\/12\/korean-blockchain-consortium-ft-27-firms.html\">South Korea<\/a>, Coinplug is also working with the same Korean bank to develop <a href=\"http:\/\/www.coindesk.com\/korean-bank-developing-blockchain-solution-foreign-exchange\/\" target=\"_blank\" rel=\"noopener noreferrer\">a blockchain prototype<\/a>\u00a0that aims at improving <b>international remittance<\/b>\u00a0to simplify foreign exchanges.<\/div>\n<h3 style=\"text-align: justify;\">KB Kookmin: South Korean bank to work on the Blockchain<\/h3>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">According to <a href=\"http:\/\/www.businesskorea.co.kr\/english\/news\/money\/15354-fintech-cooperation-kb-kookmin-bank-signs-mous-cooperate-british-fintech-firms\">Business Korea<\/a>,<b> KB Koomkin wants to promote businesses related to the blockchain <\/b>field.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">To do so, KB Koomking recently signed another agreement to work on distributed ledger applications for mobile device certification.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">Talking about <a href=\"https:\/\/holytransaction.com\/blog\/2016\/09\/circle-payments-through-imessage.html\">Circle<\/a>, recently this startup revelaed\u00a0a $60m fundraise\u00a0received from several Chinese investors. This way it became one of the best funded startup in the Asian cryptocurrency market.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><i>&#8220;We are excited to work with the top tech companies in London, a hub of the FinTech industry. KB Kookmin Bank will strive to provide our customers with new experience by adopting cutting-edge technologies,&#8221;<\/i> explained a KB Kookmin representative.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<h3 style=\"text-align: justify;\">Universal wallet<\/h3>\n<div style=\"clear: both; text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4393 alignright\" src=\"https:\/\/holytransaction.com\/blog\/wp-content\/uploads\/2016\/07\/HTBannerOrange.png\" alt=\"HT Banner\" width=\"200\" height=\"167\" \/><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">More details will be revelead soon, so stay tuned on the <b><a href=\"https:\/\/holytransaction.com\/blog\/\">HolyTransaction blog<\/a>.<\/b><\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\">In the meantime, you should open your new multicurrency wallet.<\/div>\n<div style=\"text-align: justify;\"><\/div>\n<div style=\"text-align: justify;\"><a href=\"https:\/\/holytransaction.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><b>Open a &#8220;Universal&#8221; wallet here for free!\u00a0<\/b><\/a><\/div>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>One of the most important banks in South Korea revealed today an agreement with the most funded Asiatic startup of the bitcoin sector. KB Kookmin, in fact, announced today that will sign a memorandum of understanding with the Bitcoin startups\u00a0Circle and\u00a0Coinplug. Based in South Korea, Coinplug is also working with the same Korean bank to [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55,101,102,157,165,168,387,603],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.6 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>South Korean Bank to work on the Blockchain -<\/title>\n<meta name=\"description\" content=\"KB Kookmin Bank partners with Bitcoin startups to explore blockchain potential. 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