Shinhan Card Demonstrates Token Payment Using Dunamu's Giwa Chain

Shinhan Card is demonstrating token payments utilizing Dunamu's Giwa Chain. On the 27th, Shinhan Card announced that it will begin direct payment demonstrations between Dunamu and blockchain wallets. This test will be conducted using Dunamu's public blockchain Giwa Chain and the dedicated wallet Giwa Wallet, targeting employees at a merchant location on the basement level of Shinhan Card's headquarters. Dunamu will provide the blockchain infrastructure, while Shinhan Card will directly issue and operate the payment tokens to be used on the Giwa Chain. Participants will receive tokens through the Giwa Wallet app and can make payments by scanning the store's QR code, without needing to input wallet addresses or send separate tokens. The security verification will utilize Giwa Chain's 'stamp' technology, and only registered wallets that have authenticated employee eligibility on the blockchain will be allowed to make payments. Shinhan Card aims to establish a foundation for immediate commercialization upon the completion of legislation and plans to expand participating merchants and integrate with global blockchain networks in the future.

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