KAIST to publish Papers about Paycoin’s Success in Virtual Asset Business in Overseas Journals.

Danal Fintech Paycoin has signed an MOU with KAIST (Korea Advanced Institute of Science and Technology) for cultivating digital finance professionals and joint research on digital finance and fintech.

Through this MOU, Danal Fintech and KAIS will cooperate in various fields, including joint research using Paycoin’s transaction date, and industry-academic education, establishment of research system, information exchange for the digital finance professional training that is currently operated by KAIST.

We expect in-depth research on the vast amount of virtual asset payment data accumulated so far to be used as important research data for preparing future global virtual asset service strategies. In addition, KAIST plans to conduct various studies based on Paycoin’s blockchain know-how and virtual asset payment data. KAIST will be introducing Paycoin in overseas journals for its successful business in the virtual asset sector.

Ted Hwang, CEO of Danal Fintech noted, “”As the global digital finance and fintech markets grow, I think it is essential to prepare future service strategies and foster professional talent through data analysis. This mutual cooperation with KAIST will strive to become a cornerstone for not only Paycoin’s global services that we are preparing, but also other fintech companies in Korea to succeed in the global market.”

About Paycoin

Paycoin is a blockchain project that is providing the virtual asset based payment service. As a subsidiary of “Danal” — an integrated payment solution provider — Danal Fintech provides virtual asset payment services based on Paycoin blockchain, which reduces the intermediaries in the existing payment process, enabling lower transaction fees and faster settlement cycles to merchants, and a safe and convenient payment environment to users. Paycoin is the first virtual asset that is being commercialized as payment in Korea, and we aim to lead this new payment market and drive adoption for the service.

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