MileVerse signs MoU with the leading daily newspaper “JoongAng Ilbo”

MileVerse
MileVerse
Published in
2 min readFeb 23, 2021

MileVerse is a mileage integration payment platform, that applies blockchain technology to build an integrated ecosystem, that benefits everyone, ranging from corporations and customers up to affiliated stores.

Hi there! MileVerse has signed an MoU with the leading daily newspaper in South Korea — JoongAng Ilbo, which is considered to be one of the core media outlets nationwide. This strategically important integration will help Mileverse to utilize the network capacity of the JoongAng Ilbo in order to extend its mileage linkage system and expand its partner ecosystem.

Through this strategically important MoU establishment, Mileverse will be able to utilize the JoongAng Ilbo’s extended corporate network for its business purposes, and JoongAng Ilbo will be able to expand its business in various ways, enabling the payment functions, using Mileverse FinTech App.

In particular, MileVerse expects that this MoU will accelerate the growth and expansion of both companies in the future as it will enable collaboration of various affiliate projects as well as mileage linkage of the JoongAng Ilbo’s “Sports Platform”

The Mileverse will continue building a mileage platform that makes it more convenient for users to use the Mileverse services.

By the way, the Mileverse has launched its official version of the application on December 11 in 2020.

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About JoongAng Ilbo

The JoongAng Ilbo is a daily newspaper that is one of the core of the media group in South Korea. JoongAng Ilbo has affiliates in various fields such as JTBC, Monthly JoongAng, Economist, Daily Sports, Megabox, and entertainment & sports J-Contentry. Daily Sports, an affiliate of the JoongAng Ilbo, signed an agreement with the Blockchain Technology Research Institute (IBCT) to launch a sports platform service. Daily Sports Platform is a commerce portal that provides information, collects databases, and deals to promote daily sports for the public.

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