ReapChain(REAP)
ReapChain Official
Published in
2 min readApr 28, 2021

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Traditional market delivery app ‘Jangboda’, in front of 2000 users

Reappay, a subsidiary of LN Venture Group platform development, announced on the 28th that the number of users of ‘Jangboda’, a digital traditional market delivery platform application launched in February, is approaching 1,700.

The number of users from the delivery app is 1696 until 27th April. It is an Payment Gateway(PG) service that first started on February 22th at Sinmae Market located in Suseong-gu, Daegu.

The monthly active users(MAU) was recorded average 500.

The Payment Gateway is a service that enables customers to make secure payments using credit cards and various payment methods when selling goods and services in online shopping malls.

After Covid19, the e-commerce market such as non-face-to-face payments is expanding, and there is growing interest in the services too.
‘Jangboda’ is a traditional market delivery application developed to provide convenience to local residents who are reluctant to visit the market due to Covid19 and to revitalize the local commercial district.
This service has been evaluated as contributing to the digitalization and reinforcement of self-sufficiency of small businesses.

Reappay signed a business agreement with the Sinmae Market in November last year, and has been preparing a mobile app called Jangboda with a non-face-to-face ordering and payment system.

Lee Jeong-han, CEO of Reappay, said that we plan to apply the advanced blockchain technology of Reapchain, affiliated companies, to the point system and the original prepaid payment method in the future. He also said that we plan to make fast global payment and overseas remittance service possible, using REAP.

Meanwhile, Reappay is continuing to develop a non-face-to-face ordering platform such as Jangboda early this year, starting with acquiring a financial license for the Payment Gateway.

Recently, we are preparing to release ReapPick, a store search system based on user’s location, and ReapOrder which is a table order system and can be ordered directly without a kiosk. The service is expected to be released from July to September.

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