South Korean Lotte Group’s Subsidiary Daehong Builds on Aptos
The post South Korean Lotte Group’s Subsidiary Daehong Builds on Aptos appeared on BitcoinEthereumNews.com. Lotte Group’s Daehong Communications has integrated its popular mobile voucher platform, Giftiel, with the Aptos blockchain. The integration has already onboarded over 500,000 users and issued 1 million vouchers. This collaboration will expand into loyalty points, stablecoins, and other digital assets. Daehong Communications, a subsidiary of South Korea’s retail giant Lotte Group, has launched a “money movement” ecosystem powered by Aptos, a high-performance blockchain. In the first phase of this integration, the company has brought its popular mobile voucher service, Giftiel, onto the Aptos blockchain. The initiative is a practical step in using blockchain technology to enhance real-world economic activities, such as loyalty points, vouchers, and even future use cases involving stablecoins. With over 500,000 users already on board and more than 1 million vouchers issued, Daehong Communications is leveraging blockchain to bring transparency, security, and traceability to a massive retail and voucher economy. Aptos Blockchain Offering Scalable and Transparent Solution The integration leverages Aptos’ Layer 1 blockchain, designed for high throughput and low-latency transactions. This allows Giftiel’s entire voucher lifecycle from issuance and distribution to redemption to be fully recorded on-chain. Every voucher, transaction, and user interaction is transparently captured, offering real-time insights into usage and ownership. Related: Will Aptos (APT) and Filecoin (FIL) Drive the Next Layer 1 Narrative Shift? Aptos’ fast and scalable infrastructure could help businesses gain more precise operational data. At the same time, consumers will benefit from secure, verifiable ownership of their digital vouchers. https://twitter.com/Aptos/status/1950350852407087527 Building a “Money Movement” Ecosystem The “Money Movement” ecosystem extends far beyond simple vouchers. It envisions a framework that allows for the creation, transfer, and use of various digital assets, such as loyalty points, mileage, and stablecoins. By recording all transaction histories on the blockchain, the platform ensures verifiable and transparent management of these assets. This makes it easier…
The post South Korean Lotte Group’s Subsidiary Daehong Builds on Aptos appeared on BitcoinEthereumNews.com.
Lotte Group’s Daehong Communications has integrated its popular mobile voucher platform, Giftiel, with the Aptos blockchain. The integration has already onboarded over 500,000 users and issued 1 million vouchers. This collaboration will expand into loyalty points, stablecoins, and other digital assets. Daehong Communications, a subsidiary of South Korea’s retail giant Lotte Group, has launched a “money movement” ecosystem powered by Aptos, a high-performance blockchain. In the first phase of this integration, the company has brought its popular mobile voucher service, Giftiel, onto the Aptos blockchain. The initiative is a practical step in using blockchain technology to enhance real-world economic activities, such as loyalty points, vouchers, and even future use cases involving stablecoins. With over 500,000 users already on board and more than 1 million vouchers issued, Daehong Communications is leveraging blockchain to bring transparency, security, and traceability to a massive retail and voucher economy. Aptos Blockchain Offering Scalable and Transparent Solution The integration leverages Aptos’ Layer 1 blockchain, designed for high throughput and low-latency transactions. This allows Giftiel’s entire voucher lifecycle from issuance and distribution to redemption to be fully recorded on-chain. Every voucher, transaction, and user interaction is transparently captured, offering real-time insights into usage and ownership. Related: Will Aptos (APT) and Filecoin (FIL) Drive the Next Layer 1 Narrative Shift? Aptos’ fast and scalable infrastructure could help businesses gain more precise operational data. At the same time, consumers will benefit from secure, verifiable ownership of their digital vouchers. https://twitter.com/Aptos/status/1950350852407087527 Building a “Money Movement” Ecosystem The “Money Movement” ecosystem extends far beyond simple vouchers. It envisions a framework that allows for the creation, transfer, and use of various digital assets, such as loyalty points, mileage, and stablecoins. By recording all transaction histories on the blockchain, the platform ensures verifiable and transparent management of these assets. This makes it easier…
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