PayProtocol, Korea's first company specializing in virtual asset easy payment services, announced on September 18 that it will participate as a sponsor in 'Korea Blockchain Week 2025 (hereafter KBW)', the largest blockchain conference in Korea, to be held in Seoul from September 23 to 24.
KBW is a global event that brings together major projects, companies, and investment institutions leading the Web3 industry worldwide. At this event, PayProtocol will unveil its vision and strategy for building a virtual asset payment ecosystem in detail. In particular, the company plans to transparently share its achievements in technology development and its future business expansion roadmap, presenting its technological capabilities and market strategy concretely to global partners and investors.
During the event, PayProtocol will also operate a 'Paycoin booth', offering participants the opportunity to experience Paycoin payment services firsthand. Recently, PayProtocol has expanded Paycoin payments to major domestic merchants such as CU, Dal.Komm Coffee, Pizza Hut, and Hanjin Hootown.
Additionally, PayProtocol will launch an innovative experience program where participants can issue demo stablecoins directly through the Paycoin app and use them for payments in the same way as Paycoin. The issued stablecoins can be used at Paycoin-affiliated merchants within the event venue, allowing participants to experience a stablecoin payment solution that is applicable in real-life situations. Various prizes and gifts will also be offered to booth visitors.
Shin Jungwook, CEO of PayProtocol, stated, "Through our participation in this year's KBW, we aim to showcase our virtual asset payment technology and vision to the global blockchain community and seek out diverse partnership opportunities. Based on a practical blockchain payment solution that is easily accessible to everyone, we will take the lead in building a Web3 ecosystem that can be used by the general public."
Meanwhile, PayProtocol is rapidly expanding its competitiveness in the global market. In the first half of this year, with the launch of the 'PayProtocol Mastercard', the company has been expanding partnerships with overseas virtual asset payment gateway companies, and steadily increasing its real-world usage base in key countries in Europe and Southeast Asia. Currently, Paycoin payments are available in the Philippines and Vietnam, and based on this, the company plans to further expand its payment network throughout Southeast Asia.
On the technology front, PayProtocol is accelerating the establishment of a multichain-based stablecoin payment ecosystem through collaborations with global projects such as Ripple (XRP) and Ava Labs (AVAX). The company is also actively working with banks to address regulatory requirements and standardize technology, demonstrating a proactive approach in the industry.
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