Hana Financial, Dunamu complete PoC for blockchain remittances

Hana Financial Group and Dunamu have completed a proof-of-concept (PoC) for a foreign remittance service using blockchain technology, Electronic Times Internet reported. The test successfully replaced traditional SWIFT messages for transfers between Hana Bank's domestic and overseas branches with messages on Dunamu's "GIWA Chain" blockchain network. Additionally, Hana Financial plans to build a foreign remittance infrastructure using deposit tokens by the third quarter of this year.