Terra Stablecoin Onboards South Korean Music Streaming Platform


Singapore-based Blockchain payment system and stablecoin issuer Terra has recently added South Korean music streaming platform Bugs to its e-commerce alliance.


Terra Alliance uses payment solutions provider CHAI as its front-end which incorporates a mobile payments app that enables it to connect to 15 major local bank, tis built on top of
Terra’s blockchain-based platform linking payment to e-commerce sites.


According to Daniel Shin the legacy payments systems in South Korea is convoluted where there are six or seven players and everyone takes a cut, using their technology they streamline this process.


Shin also shares some of the challenges in doing blockchain business in South Korea saying that unlike the U.S. where if something is not illegal it can be done, in his country entrepreneurs should not attempt to something unless it is specifically declared as legal.


While digital assets have been met with some skepticism, blockchain technology is enjoying adoption across various sectors from government agencies to some of the most well respected financial institutions in the country.


Headlines for the world of Cryptocurrencies - August 13, 2019
  • Caspian Crypto Platform Partners With Binance
  • Metro Talks About Bitcoin
  • Samsung Adds Bitcoin Support On Its Blockchain Post
  • Crypto Regulatory Clarity In U.K.
  • New Zealand Tax Authority Release New Bitcoin Guidelines
Headlines for the world of Cryptocurrencies - August 12, 2019
  • Implications Of Trump’s Trade War With China On Bitcoin
  • Kakao Allows A Sneak Peek On Forthcoming Crypto Wallet
  • Indian Telecom Operator Building Blockchain Network For 330 Million Customers
  • China Soon To Release Digital Currency
  • Job Offering From The US Department Of Commerce
Headlines for the world of Cryptocurrencies - August 11, 2019
  • Digital Yuan Development Accelerated
  • Ripple To Leverage Its Advantages According To CEO
  • India Will Soon Introduce Crypto Bill On Next Parliament Session
  • New Jersey To Have Its Own Blockchain Task Force
  • Holdings Company In South Korea Using Ripple Fork For Donations











Posted from

Cryptowarrior.Tech

: http://cryptowarrior.tech/apps/terra-stablecoin-onboards-south-korean-music-streaming-platform/

H2
H3
H4
Upload from PC
Video gallery
3 columns
2 columns
1 column
Join the conversation now