RelayX partners with Coinplug to tap into Korean market
April 4th, 2019 at Deconomy — Seoul, South Korea.
RelayX has officially partnered with Korean blockchain technology giant, Coinplug Inc., to enable its cutting-edge micro-transaction technology to 50 million Koreans.
RelayX is a technology company with a mission to enable everyone to participate in the real-time economy. RelayX’s software enables individuals and businesses to conveniently and safely access the blockchain.
Partnering with Coinplug Inc., a company sitting at the first place in number of blockchain technology related patents according to European Patent Office in 2018, will provide localized support to connect with Korean market as Coinplug has technical know-how and experience in providing crypto to fiat exchange and transfer service from back in 2015.
Coinplug now allows users to exchange and withdraw Korean Won with cryptocurrencies from over 12,000 ATMs across Korea. Coinplug’s local infrastructure of ATMs and social services has great potential to be utilized in this partnership.
RelayX is available today in beta on Android and supports interoperable sends and receives over WeChat Pay, Alipay, and now, Kakao Pay. RelayX targets to penetrate Korean market as 95% of the Koreans rely on instant messaging application such as Kakao.
RelayX is built by believers and practitioners of proof of work.
