Hana, POSCO & Dunamu Don Start Blockchain Remittance

Hana Financial Group, POSCO International and Dunamu (wey dey run Upbit) don shift their blockchain remittance system enter live trade transactions. The three sign one trilateral MoU for Seoul, and POSCO International na di first real-world use case. The project build on top proof-of-concept wey dem run earlier dis year. Results show say blockchain remittance fit reduce settlement time and costs compared to SWIFT by merging payment instruction and fund movement into one real-time workflow. Dunamu go use im GIWA Chain to run the live messaging and record the transactions. Under the agreement, POSCO International go run real business transaction flows for testing, while Hana Financial go handle remittance processing, fund settlement and foreign exchange. The companies dey aim to deliver working model for real-time blockchain remittance before year-end. For traders, the most notable matter na Dunamu ongoing scrutiny for South Korea wey connect to the planned stock swap with Naver Financial, including approval delays and extra disclosure checks. Separately, policy uncertainty around South Korea Digital Asset Basic Act fit affect exchange ownership and deal structures.