[Digital Today Reporter Hwang Chi-gyu] Danal Fintech, which provides blockchain virtual asset (cryptocurrency) payment service, has signed an alliance with Tokamak Network, an Ethereum-based layer 2 project, to enter the virtual asset-based financial service and blockchain verification business in earnest. It was revealed on the 7th.
Through this alliance, Danal Fintech participates in various network activities including Tokamak network staking service and block verification, and is a token issued by PayCoin (PCI) and Tokamak Network for 1.5 million PayCoin customers. It plans to expand its service areas such as swap (exchange) service, TON-based virtual asset deposit, and payment support.
Tokamak Network provides a variety of decentralized services such as virtual asset deposit services. Through this alliance, Danal Fintech expects that the virtual asset swap and deposit service, which was difficult to access to general users, will be made easier to use through the Paycoin app.
Hwang Yong-taek, CEO of Danal Fintech said, “Through this partnership, Paycoin can provide virtual asset financial services that go beyond payment. If Paycoin and Tokamak network are linked, the ecosystem of both companies will expand and Paycoin (PCI) and tonnes (TON) service area is also expected to be diversified.” “Paycoin will become a virtual asset-based integrated platform that can be used in more fields of everyday life such as finance, shopping, and travel from a virtual asset-based simple payment service platform.” Said.
Jeong Soon-hyung, the founder of Tokamak Network, said, “Through cooperation with Danal Fintech, the Tokamak network ecosystem is expected to expand and diversify.” It will be expanded.”
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.