South Korean payments firm Danal has been selected to join a government-backed effort to expand a ‘deposit token’-based payments infrastructure, a move that could accelerate the migration of tokenized bank money from pilots into everyday commerce.
Danal said Monday that it was chosen as a participating institution in the Ministry of Science and ICT and the Korea Internet Security Agency (KISA)’s 2026 “Blockchain Innovation Leading Project,” specifically the “Deposit Token-Based Payment Infrastructure Expansion” track. The initiative is structured as a private-sector consortium led by the… Read more
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