Emurgo, a Japan-based blockchain startup, announced today that Cardano will combine ADA currency with Metaps Plus.
3rd Quarter Will Happen
Metaps Plus is one of South Korea's largest payment platforms with a volume of 10 million phones performing offline transactions in South Korea. This partnership aims to integrate ADA tokens into more than 40,000 stores and more than 10 million offline trading platforms annually. This partnership will take place in the third quarter of 2018.
CEO of EMURGO:
"This partnership with Metapsplus will lead to the ADA being developed more rapidly and being recognized as a form of payment on the Korean market."
said.
The token offered by Cardano will be used by Metaps Plus business partners in more than 33,000 online stores and promotions.
Cardano's manager, Michael Parsons:
"Integrating Cardano's ADA money into Metaps Plus means virtual payments and transactions that happen instantly and do not involve fraud. This will take place soon in Korea, which will soon adopt new technologies and innovations. "
he explained.
The adoption of the ADA by the giants of the South Korean mobile market and payment services will lead to greater adoption. For the first time in Asia, there will be a process of integrating a crypto money into the mobile payment platform. One of the aims of EMURGO is to unite Cardano's partners, who want to benefit from the parent companies and the blockcha that they place in the industry.
Charles Hoskinson, CEO of IOHK, said South Korea was Cardano and crypto money lover. So this partnership points Cardano's entry into an already popular market.
CJ's user:
"The $ ADA is burning! You did a good job Emurgo! "
said.