Hancom With invests in Singapore blockchain company Arowana Tech… “Activating digital gold trading”
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April 13, 2021
[Digital Today Reporter Hwang Chi-gyu] Hancom Weed (CEO Hong Seung-pil, Kim Hyun-soo), an affiliate of Hangeul and Computer Group (hereinafter referred to as Hancom Group), has invested a stake in Arowana Tech, a local blockchain company through Hancom Singapore, an overseas subsidiary 13 Sun said.
This investment was made to participate as a technology partner in the Arowana project conducted by Arowana Tech. The Arowana Project aims to improve the gold distribution process and activate the gold trading market with blockchain technology.
The Arowana Token (ARW) is planned to be used in various ways in conjunction with the services provided on the Arowana Digital Platform.
Arowana Tech is also promoting listing of Arowana Token (ARW) on the virtual asset exchange.
In addition to providing technology to Arowana Tech, Hancom With plans to support the spread of token distribution by actively linking digital asset platforms, XR (VR/AR) convergence shopping malls, gold-based mobile gift certificates, and Hancom Pay to Arowana Token (ARW). to be.
Hancom With acquired the Gold Exchange in June of last year, and has since been establishing various business models aiming at a digital financial business incorporating blockchain technology. An official from Hancom With said, “The ultimate goal is to digitize real assets and build an ecosystem where free transactions can be carried out across borders on a digital platform.”
Author/ Translator: Jamie Kim
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