Digital Asset Business Task Force Department Now Reports Directly to CEO
Stablecoin PoC Underway and New Business Opportunities Explored
Koscom announced on September 17 that it has applied for trademarks related to Korean won-based stablecoins-'KSDC', 'KRW24', 'KRW365', 'KOSWON', and 'KORWON'-as a proactive measure to respond to the anticipated expansion of the stablecoin market.
Recently, as trademark applications for stablecoins have increased across the industry, Koscom has also moved to secure trademarks as part of its technical preparations to keep pace with market changes.
Koscom has expanded and reorganized its existing Future Business Department into the 'Digital Asset Business Task Force Department,' which now reports directly to the CEO. This restructuring aims to elevate the status of the organization and strengthen company-wide momentum, reflecting the growing importance of digital asset businesses, including stablecoins.
The newly expanded task force is conducting proof-of-concept (PoC) tests on stablecoin technology and is closely examining its applicability to capital market settlements. In addition, by linking with the tokenized securities business, Koscom plans to introduce stablecoins as a payment method during subscription and distribution processes, and will gradually develop and verify technologies to enhance payment convenience and stability.
Koscom is also actively participating in market trend analysis and the development of industry and policy ecosystems by regularly publishing research reports related to digital assets.
Recently, Koscom registered one additional blockchain-related patent, bringing its total number of registered patents to four. The company is simultaneously securing intellectual property rights and verifying technologies, continuously strengthening the technical foundation for introducing digital assets into the capital market.
Kim Wansung, head of the Digital Asset Business Task Force Department at Koscom, stated, "Stablecoins are emerging globally as a new means of payment. As a leading IT company in the capital market, Koscom will actively engage in developing and researching various technologies to advance the digital asset market in line with the growing adoption of stablecoins."
Kim Gaprae, a researcher at the Capital Market Institute, commented, "With the acceleration of digitalization in capital market transactions, automated real-time settlements through the pairing of security tokens and stablecoins have already been validated in various ways in advanced markets such as the United States. In Korea as well, it is necessary to conduct diverse validation and research to introduce Korean won-based stablecoins optimized for capital market settlements, which can enhance the speed and stability of payments while reducing transaction costs."
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