Hello from Bezant Team!
Starting from the third quarter, under the slogan of “Blockchain for everyday use”, our team have been strengthening our local partnerships.
Following from our recent partnership with professional blockchain media, Tconomy, we are thrilled to share our next partnership with MOIN, a fin-tech company that offers innovative international remittance solutions.
MOIN is renovating Korea’s overseas remittance market, which is worth more than KRW 20 trillion annually. Since its establishment in March 2016, they have incorporated blockchain technology into the overseas remittance mechanism since October of that year, and has achieved a rapid growth of 100% every quarter.
In July of last year, the blockchain-based remittance service was discontinued due to the acquisition of the global micro-remittance license (completed in January 2018) with the exception of the use of blockchain technology, which was not stipulated in its specification.
In the light of these circumstance, the two companies intend to prepare for the upcoming future based on our common anticipation that the introduction of blockchain technology into the overseas remittance market in Korea will start in earnest.
By partnering with MOIN, Bezant plans to utilize the Bezant Blockchain Network to enhance MOIN’s overseas remittance services across all sectors, including user authentication, information retention, and remittance. Through this partnership, we aim to achieve great efficiency across all sectors, including but not limited to user experience of MOIN service, its fee structure, and transmission speed.
Thank you always.
Bezant Team
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