‘Demonstration of virtual money (cryptocurrency) and credit card linkage’
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Following a patent application for a technology that can link virtual assets (cryptocurrency) and bank credit cards, a demonstration that applies them to real life is being held, attracting great interest.
The Korea Blockchain Coordination Association, which has focused on the prevention of hacking of virtual assets and research on security technology, has a demonstration of’virtual asset (cryptocurrency) and credit card linkage’ at the Diamond Hall on the 3rd floor of the conference center of the FKI Center in Yeouido at 2 pm on the 30th. ‘Will be held.
This demonstration is the first official event established since the enforcement ordinance of the government’s’Enforcement Decree of the Act on Reporting and Use of Specific Financial Transaction Information (Special Law)’, and is a real card issued by a commercial bank credit card company and a virtual asset in the exchange’s electronic wallet. It will show a technology that enables users to use virtual assets in offline life by linking and driving them.
The Korea Blockchain Coordination Association installed the’virtual asset and bank credit card linkage’ technology on the virtual asset exchange DBX, starting with the exchange coin DBXC, and other coins listed on the DBX exchange sequentially linked with the credit card. I plan to make it available.
As a result, it is expected that it will be an opportunity to use virtual assets that are traded only in computer monitors in real life, and thus, it is expected that the era of’spot coins’ can be accelerated.
In particular, the virtual asset coin has been recognized as a product bought and sold on the exchange, that is, an asset, and has become a means of speculation, but from now on, it is evaluated that the coin will be an opportunity to bring about’recognition as a currency, not a product’.
Ki-Hoon Park, chairman of the Korea Blockchain Coordination Association, said, “The technology to link virtual currency and credit card has been applied for a patent, and as the technology has been proven through this demonstration, virtual currency can be used immediately in real life at the latest this year. There will be.”
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