DaWinKS (CEO Jong-myung Lee) participated in the 'Korea 4th Industrial Revolution Festival & Blockchain Seoul' exhibition held at COEX in Samsung-dong, Seoul on the 6th and 8th and unveiled the world's first digital ATM/DTM and QR Pay solutions with foreign currency exchange, overseas remittance, and electronic money charging functions developed and commercialized by combining blockchain and Fintech technology, and KYC (self-authentication) technology used in various fields. In addition, the Crypto ATM, which has been completed by combining KYC and AML (Anti-Money Laundering) technology at the level of the US FATF (Anti-Money Laundering Organization) recommendation, was also introduced for the first time by supplementing the problems of Bitcoin ATMs already in use in 75 countries, including the United States.
DaWinKS, a blockchain Fintech company, signed an MOU with Accuon Savings Bank (CEO Ho-geun Lee) in November last year and decided to introduce blockchain-based untact foreign exchange financial services for the first time in the Korean financial sector. By combining the existing forgery detection technology for national ID cards and global passports and AI facial recognition, it improved the untact KYC technology required for actual operation, and for the convenience of foreign tourists visiting Korea, it succeeded in upgrading the technology required for recognizing foreign currency bills from 16 countries. After more than a year of preparation after signing the agreement, it plans to spread to eight stores nationwide, starting with the establishment of a Haeundae branch in Busan in November.
In addition, DaWinKS recently signed an MOU with the Busan Metropolitan City Small Business Federation (KFMF, Chairman Eui-seok Roh) to supply digital ATM/DTM & QR Pay Pos Solutions based on the untact blockchain Fintech platform, targeting 220,000 small business stores in 16 districts of Busan. In cooperation with the association, DaWinKS decided to promote an untact innovative foreign exchange finance service demonstration project in Busan, a special blockchain zone, and supply digital money QR Pay POS Solution to all stores in Busan for free. The association and DaWinKS will first conduct a pilot operation at small business stores in Haeundae-gu, Busan, and prepare to recruit stores that wish to participate.
DaWinKS has advanced the principal identification technology for the past 16 years. It has forgery detection and reading technology for national ID cards and global passports, which is currently being used in more than 650 places. From three years ago, it started related development with the goal of entering the blockchain Fintech market, and added banknote forgery detection technology for foreign currency recognition and grafted it into an untact foreign exchange finance solution.
DaWinKS, which is already recognized for its excellent technology capabilities at home and abroad by two Fintech registered patents, three blockchain registered patents, IP evaluation AA of the Korean Intellectual Property Office, IRO evaluation A of Singapore, the Ministry of Science and ICT's regulatory sandbox certification (fast confirmation), is preparing for PCT global patent applications and U.S. patent applications to enter overseas markets in earnest.
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