South Korea’s Shinhan Bank starts ‘metaverse’ services, according to local media
Shinhan Bank, one of South Korea’s top four lenders by net profit, has opened a “metaverse” site to provide what it called financial and non-financial services, claiming to be the first bank in the country to provide such a platform, according to local media reports on Wednesday.
Shinhan Bank’s announcement follows a number of experiments by the lender with blockchain and cryptocurrency related services. In December last year, it ran a test of a real-time international remittance via stablecoin with Standard Bank of South Africa and using the blockchain network Hedera Hashgraph. Shinhan Bank is also an early investor in Korea Digital Asset Custody.
Source
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