HYUNDAI PAY AND AFRICAN UNION FORMED AN EXTRAORDINARY TEAMWORK
Cryptocurrency usage has been going global and proved to be one of the most efficient digital money. The fore stated term has been legalized and a legit digital money that has been used by thousands of people as of today. Regardless of the good benefits of cryptocurrency had brought to us, many countries and organizations use different currency for streamline settlements, transactions and remittance.
The fore stated scenario is a problem that can not be solve in a blink of an eye. To solve the aforementioned problem, one has to take the step and make the process start. It is not an easy problem to solve to begin with, but Hyundai Pay has taken its armors to start the unraveling of resolving conflicts regarding the stated matter.
Hyundai Pay started to resolve the conflict and better lives in Africa wherein Hyundai Pay and ABA signed a memorandum of understanding (MOU) to collaborate with the African Union Coin, which its goal is to resolve the complicated African countries’ currency markets. The difficulty and the complications that is happening between many African countries has brought problems among cryptocurrency users which the Hyundai Pay and ABA is worried about.
The two fore stated companies held a technical seminar in the beautiful city of Johannesburg, South Africa to impart learnings and knowledge regarding virtual currency and a blockchain applied IoT.
Hyundai Pay is the first Korean company that made such event. The prominent magazine called Korea Times stated that two more Korean companies named Double Chain and Korea Digital Exchange had joined the memorandum of understanding (MOU), which is a big help to resolve the fore stated problems that has been going around.
The three Korean companies are furtherly explained to have discussions with German Fintech company MyBucks, ABA technology partner Touchside and South African consulting company Trapeace to helpe solving the forestated growing problems.
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